bill henderson and i just chatted. we think the 2016 numbers are due out in the next couple of days, so i apologize for the fact these are year-old, but this is the best set of numbers we have at the moment. 30% is the percentage of 2015 law grads who didn't land full-time employment recognizing their law degree. 25% who didn't land full-time employment including professional and nonprofessional. this is the buries the number. 71% of third-year law students who believe they have sufficient skills to practice. this set of numbers is really interesting. 71% of the third-year law students who think they are locked and loaded, ready to go into law practice. however, the law professors who teach them say that is 45% and wait for it, the percentage of practitioners who believe new lawyers have significant skills to assist 23%. there is a problem there and we at iaals develop a project intended to shed some light on ways of addressing this. we created our foundations for pratt this projects. we had support from the foundation

bill henderson and i just touted the 2016 numbers in the number of days, so i apologize for the fact these are a year old, but this is the best set of numbers we have at the moment. 30% is the percentage of 2015 law grad who didn't land full-time employment recognizing their law degree. 25% who didn't land full-time employment including professional and nonprofessional this is deborah risa number. 71% of third-year law students who believe they have sufficient skills to practice. this set of numbers is really aimed. 71% of the third-year law student who think that they are locked and loaded, ready to go into law practice. however, the law professors who teach them say that is 45% and, wait for it, the percentage of practitioners who believe that new lawyers have sufficient skills to crack this is 23%. so, there is a problem they are and we developed a project intended to shed some light on ways of addressing this. we created our foundation for prop this project. we have support from the hewlett foundation. this is a three phase project. we put together an advisory committee consistin

one interesting side effect is that bill henderson is just too ruthless, even with all these ruthless gorillas, he's too much for price. so what he said yeah, what i'd like you to do is go cross the river and go the opposite direction where i'm going. he doesn't do that, but he gets lured into an ambush. he gets decoyed himself into an ambush and he gets killed. this is something jesse james carry with him. so, what happens in the james family is they are targeted for ban ishment. there's an interesting report that's written up in which the pro vis marshal has been checking intelligence. he knows the james boys were with him and insisted in the murder of the soldier. his report justifying the banishment of the civilian james family. he says i speak not from hearsay but from my own personal knowledge. he hears a neighbor being challenged by a neighbor, aren't you ashamed of what your boys are doing. she rejoiced she was not. that she was proud of them and prayed to god to protect them in their work. she was regarded as one of the worst women in this state. the james samuel family was b

going back to your last slide, bill henderson, the a and the b, is that reflective of the criteria that the law schools use in choosing law students? >> oh, guilty as charged. [laughter] >> we would-- yeah, i say to myself that judge barker gets up and she's going to throw us a fastball. i was right about that. the law schools, we feel like we're locked into a kind of a positional competition to the u.s. news and world report. so we do look for lact and undergraduate credit depositions to admit on and that's how we award scholarship money. rit large, most of the accredited schools do that. maybe some of our self-regulated organization can get together and figure out ways to break that log jam as clearly as all kind of deleterious consequences on society and i think we will learn-- we will come to regret where we're at, having been on the inside of law schools, not only my school, but talking to a lot of law schools, it's a serious issue to flout the conventions of u.s. news world report. the alumni applicants can easily be put into a tailspin if you drop 10 points in the rankings. i'm a

payroll report am including alan krueger and bill gross of janus henderson.from new york, this is bloomberg. ♪ david: this is bloomberg. the on again come tensions between the u.s. and china may the on-again with reports the trump on administration is preparing a new action against china on intellectual property abuse, and action that could lead to the u.s. imposing terrace on chinese goods. bloomberg reports china is ready to retaliate by could telling imports from the u.s. on soybeans. soybean steps down. it is a commodity, so it is complicated. coincidentally, about the time they were talking about this trade action, you see what happened to soybean futures. we're still talking with steve wood, and oliver renick is joining us, a bloomberg stocks reported. there was a lot of apprehension in the market place about trade. a lot of enthusiasm about long-term growth but a lot of apprehension. sort of went away because it seem like things were going well, particularly with china after the mar-a-lago meetings. you look at the expectations, i think the thought pro

on friday jobs day, bill gross, janus henderson fund manager. this is bloomberg.morning, explosions rocked across a texas chemical plant for a french , this afterpany major flux knocked out power supplies meaning to refrigerate chemicals. is the bloomberg natural gas reporter. some say it is august they did not have a backup generator. was this expected? sure.m not i do not think anything with herbie was quite expected. they had evacuated workers, and local authorities had cleared the area. alix: is there any significant damage to the area that you know of? >> extreme flooding them chemicale around this triangle, what they call it. what it points to is how this will affect production going forward, how long these facilities will be out of commission. going back to my beach, natural gas, how long it will affect demand for natural gas. alix: that brings up utility generation and electricity. gas ines from natural texas. talk about commercial and residential outages you are noticing. residential, late afternoon yesterday, but there were about 300,000 people without p

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