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Shocking But True: Students from Top Law Schools Go to Top Law Firms

Go-To Law Schools.jpgWe know you all love rankings!

Earlier this month, Leigh Jones of the National Law Journal reported on which schools sent the highest numbers of 2007 law school students to the 250 top-ranked law firms:

Columbia Law School landed in the No. 1 spot again as the school that sent the greatest portion of graduates to NLJ 250 law firms, with nearly 75% of its students in 2007 taking jobs among the nation’s largest law firms. The school ranked No. 1 last year, when 69.6% of its graduates went to NLJ 250 law firms. Boston College Law School rounded out the list of the top 20 go-to law schools, with 36.8% of its 261 juris doctor graduates in 2007 heading for full-time jobs at NLJ 250 law firms.

All together, the top 20 law schools that NLJ 250 law firms relied on most to fill their first-year associate ranks sent 54.9% of their graduates to those firms, compared with 51.6% in 2006.

Northwestern won the most improved award. It moved from number 11 to the number 2 spot, sending almost 74% of its grads to top law firms. Two newcomers to the list were UCLA and Boston University. Texas and Fordham fell off the list.

Columbia “won” in terms of the number of students sent to the top 250 law firms, but NYU sent the most grads to firms ranked in the top 20.

Note the NYC and Chicago rivalries in the top four spots. So exciting!

Over at Empirical Legal Studies, Professor Bill Henderson analyzes the data in more detail, focusing on a chart showing the percentage of students at each law school that were hired by a NLJ 250 firm (which he dubs the “funnel cloud” — fun stuff!). He concludes:

[The] chart has at least two takeaways: (1) the funnel cloud formation shows large law firm employment payoffs are non-linear and that the vast majority of schools offer similarly modest, but not insignificant, entree to this sector; (2) based on the volume of green and red at the top of the chart, most large firms prefer to recruit deeper into the class at a Top 20 school (and will pay a price premium of $160,000 per year) rather than shifting their model to lower ranked schools. 53% of all new NLJ250 jobs between 2005 and 2007 went to Top 20 biggest feeder schools from 2005.

For additional data — including PDFs showing the employment outcomes of different law schools by region (e.g., NLJ 250 firm, other law firm, clerkship, unemployed) — check out the links collected at the end of Professor Henderson’s post.

Hiring more deeply into top schools [National Law Journal]
Large Law Firm Hiring — Introducing the “Funnel Cloud” [Empirical Legal Studies]
What rankings don’t say about costly choices [National Law Journal]

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