I’m really enjoying the newfound interest from the New York Times about the state of legal education. Times reporter David Segal seems genuinely interested in recording the growing tragedy of American law schools.
Concern from mainstream media is great, but the proposed solutions are a little bit scary. Last month, Segal Slate explored the possibility of paying people to not go to law school.
As we mentioned in Morning Docket, Segal is at it again. This time, he’s questioning the American Bar Association’s role in keeping the cost of legal education so high. Unfortunately, the solution seems to be letting everybody who wants to open a law school do so.
Is it worth pushing down the price of legal education by offering really crappy legal education?
How hard is it to write an exam for a course you’ve taught all semester? Seriously, tell me, how hard is it? On a scale of one to ten — ten involving programing a rocket ship, one somewhere around putting on pants in the morning — where does formulating a law school exam rate? A two? Maybe three if you are teaching the course for the first time?
It cannot possibly be so hard that you have to use the same exam over and over again, in the digital age. We’re not talking about something as complicated as the wheel. A law school exam can be reinvented, every year, with subtle and simple changes.
Using the exact same exam is just lazy. There’s no other word for it. LAZY. The high cost of law school is largely attributed to the hefty salaries of law school faculty. The least these people can do is write a novel exam each and every semester that they teach.
And yet during this finals period alone, we’ve got students from three law schools, including two law schools in the top ten, alleging that their professors couldn’t be bothered to come up with fresh exams for this year’s students….
And it’s not over yet. What do Professors Richard Epstein and John Yoo — two of legal academia’s most colorful characters, rock stars in Federalist Society circles — think of the current state of law schools here in the United States?
Members of the University of Illinois College of Law community received sad and disturbing news yesterday when they learned that a faculty member at the law school was the victim of an apparent hate crime.
The law professor (who remains anonymous at the request of the University) was found on the second floor of the Illinois Terminal on Wednesday.
University president Michael Hogan assured students and faculty that the alleged attack was made by a person who is not affiliated with the university….
November is typically a month where people give thanks for all of the good things in their lives. The vast majority of the scandalous lawyers featured in these pages seem to have forgotten about that small fact. They just don’t give a damn.
Family ties? Meh. The troops? Screw ‘em. Honorific ATL titles? Totally lame.
Who are these thankless men? Let’s check out the candidate pool for November’s Lawyer of the Month competition….
Of course not! But the headline got your attention, didn’t it? The notion of Judge Richard Posner as being anything other than a genius will certainly make people sit up and take notice. There’s a reason why there’s a Facebook group called Richard Posner for Philosopher King (of which I am a proud member).
It should be noted, however, that Judge Posner’s opinion in Gonzalez-Servin v. Ford Motor Co. was not 100 percent perfect. It initially contained some infelicitous wording — which has since been fixed.
Let’s look at the language that was perhaps imprecise….
UPDATE (4 PM): Additional comment from Judge Posner, added after the jump.
Welcome to Lawyers & Economics, a new video series on financial topics by Professor William Birdthistle of Chicago-Kent College of Law. Professor Birdthistle, who teaches corporate law, has been preparing well-received videos for his students on a variety of subjects related to economics and finance. We’ve previously linked to some of his work, which received positive reader feedback, so we thought we’d give you a bit more.
After the jump, here’s a short primer on the Greek debt crisis, which remains ongoing. Watch it, so you can sound enlightened the next time this topic comes up at a cocktail party.
It features not just Professor Birdthistle but also a television actor you might recognize, who left Hollywood to become a law student….
Our law student readers are well aware that finals season is underway. People have already started camping out at the library as they meticulously prepare and organize their outlines and note cards. They’re double- and triple-checking their professors’ slides to make sure they haven’t missed any important information. And for the average law student, poring over pages and pages of text can get mind-numbingly boring very quickly.
Apparently one controversial professor at a D.C. law school figured that out, and decided to add a bit of excitement to his lecture slides. Because nude pictures are great study aids….
[T]he dislike [for legal academics] is a result of law professors being too much in the world. You see, law professors — and I should disclose here that I am one — very nearly run the world, or at least certain parts of the U.S. government. When you include Justice Anthony Kennedy, who taught nights, they make up the majority of the Supreme Court.
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: