Why the Value of Credentials Rise When an Industry Declines
Figure 2. Salaries of Law Graduate with and without clerkships following graduation Source: Revelio Labs, May 2022
Salaries of Law Graduate with and without clerkships following graduation
While new law grads are declining, the returns to clerkships are not

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<iframe src="https://www.reveliolabs.com/embed/why-the-value-of-credentials-rise-when-an-industry-declines/fig-2" title="Salaries of Law Graduate with and without clerkships following graduation" width="100%" height="648" style="border:0;width:100%" loading="lazy"></iframe><p>Chart: <a href="https://www.reveliolabs.com/news/macro/why-the-value-of-credentials-rise-when-an-industry-declines#fig-2">Revelio Labs</a></p>