Employment for lawyers is expected to grow about as fast as the average for all occupations through 2024, according to the Occupational Outlook Handbook. Job opportunities for bankruptcy lawyers should be fairly good, but not as strong in the past as the national unemployment rate decreases and consumers focus on paying off existing debt. Although the number of personal bankruptcy filings has declined in recent years, the sheer volume of bankruptcy filings (more than one million individuals and businesses filed for bankruptcy protection in 2013) suggests that there will continue to be demand for bankruptcy lawyers. Nevertheless, if the economy remains strong and the national unemployment rate continues to decrease over several years, there will be fewer job opportunities for bankruptcy lawyers than currently anticipated.
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