There is no "current market". The legal market is always going to be s**t because there are far more people who want to be lawyers (in big firms) than are actually needed. They're just giving an excuse to drop you because you can't make the cut.

I'm a firm believer that standards shouldn't be compromised. But i also feel for you seeing as how you must have spent quite some years working towards this.

Go look for the small Chinatown firms and work your way from there. They are always in need of people. You don't really have the luxury of being picky now.