Morning Docket: 03.20.15

* Per a recent study, the class of 2010 is still screwed when it comes to securing work as attorneys. There are plenty of would-be lawyers working in "tennis instruction, office management, lingerie sales, and pest control." [WSJ Law Blog] * Law schools may be admitting less qualified students, but when the bar exam results are bad, it's obviously the bar exam's fault. Is it even fair to make new lawyers have to pass a bar exam at all? We should have more on this bar exam backlash later today. [DealBook / New York Times] * Following layoffs in two other firms' litigation practices, McDermott Will & Emery is losing three of its top litigation partners. Two are expected to decamp to Paul Hastings, and one is abandoning ship for King & Spalding. Yikes! [Big Law Business / Bloomberg] * Law school applications are on the verge of hitting a 15-year low. Don't worry, cautions LSAC, because "the rate of decline [in applications] is slowing." Check out the sad (yet amazing) picture in the article and see if it makes you feel better. [Bloomberg Business] * Undergrads at Villanova got a crash course in how to pay for law school this week, and were hopefully scared straight when they found out the majority of law students take out loans and "typically accumulate around $100,000-$200,000 in debt." [The Villanovan]