Around 60 lawyers are unemployed in Iceland and the number of lawyers per capita is higher than in most other countries.
Yet, the number of solicitors in private practice has decreased lately and more lawyers now work in larger solicitors’ offices.
These are the findings of a survey conducted for the Lawyers’ Journal, RÚV reports.
Iceland has a higher proportion of lawyers than many other countries and when compared to a similar survey conducted in 2007, the number of lawyers has risen by 31% and half of them are now younger than 40.
Lately, around 60 lawyers have had to receive unemployment benefits. Solicitor Árni Helgason writes in the journal’s editorial that that would have been unheard of a few years ago.
He reckons the reason being more lawyers now graduating from four different law departments, instead of only the one department at Háskóli Íslands, which in the past only graduated 30-40 lawyers per year.
Also, six years ago 80% of lawyers were in private practice, compared to 70% now.