* The $160K-Plus Club welcomes its newest member: Duval & Stachenfeld, a real estate firm in NY, is more than doubling its starting salary for associates to $175K. Look for them recruiting at your “tier one” school soon. [New York Law Journal]
* In this economy, bankruptcy firms are being hit hard: Stutman Treister & Glatt, a top L.A. firm that once assisted in cases against Lehman Brothers and Enron Corp. in their Chapter 11 proceedings, is closing up shop. [WSJ Law Blog (sub. req.)]
* “Do I think he thought he was gonna beat it? Yeah.” The district attorney who brought charges against Stephen McDaniel thinks the law school killer was too big for his chainmail britches. [Macon Telegraph]
* From catcalling to “jiggle tests,” NFL cheerleaders have to put up with a lot of really ridiculous stuff. Not being paid the minimum wage is one thing, but having to put up with being groped is quite another. [TIME]
The students now are generous, collaborative. They share notes with each other. I regularly ask students what has surprised them about Harvard Law School and almost always the response is how nice everybody is. I think the degree to which the students care about the world is very impressive to me. They are not just concerned about themselves.
A hallmark of horrible regimes everywhere is the insistence that everyone around them profess a deep and abiding faith that they are, in fact, super-awesome regimes. This is why Kim Jong-un has at least 35 laudatory epithets attached to his name and holds parades about how awesome it was that he sprayed the populace down with AXE Bodyspray. Or something. I’m a little shaky on the details because bad regimes make a point of keeping the truth out of the public eye.
At least one law school has taken a lesson from mid-20th century fascism and adopted a total blackout on the truth about the substandard results it’s been getting. A blackout so absolute that, while hosting a candidate for the open position of dean, the school reportedly asked the candidate to leave and threatened to call security when he or she brought up the fact that, “hey, enrollment is down and those jerks from Above the Law make fun of us for our terrible bar passage rate” at a faculty gathering.
Can’t let the proles hear that.
So let’s have some fun — which law school do you think it is?
* Leonard M. Rosen, one of the name partners of Wachtell Lipton Rosen & Katz, died earlier this week. Our very own Managing Editor David Lat once sat three doors down from this respected restructuring maven. Rest in peace. [Bloomberg]
* A judicial ethics board has recommended that this judge be removed from the bench because she once “sold out her clients, her co-counsel, and ultimately herself.” Oh Flori-duh, you give us so many reasons to <3 you. [Sun Sentinel]
* Gov. Christie named Dean Patrick Hobbs of Seton Hall Law as ombudsman for New Jersey’s executive branch. Congrats, but looks like Seton Hall may need a new dean. Update: Nope, it’s just part-time. Huzzah for Seton Hall! [New Jersey Law Journal]
* A woman working in retail was put on four months of forced maternity leave when she was four months pregnant. She’s due after her forced maternity period is up. Of course she’s suing. [Los Angeles Times]
* ICYMI, here’s a list of all of the fine states in America where blowjobs are illegal, but necrophilia is a-okay — or “anti-blowjobs, corpse-sex-friendly states,” as Adam Weinstein ever so eloquently puts it. [Gawker]
We brought the matter to the Provost and although he is supportive of our goals he cannot bend the University rules to make this creative idea happen. However, we remain committed to finding ways to fund post-graduate opportunities and address other employment issues facing our graduates.
Raise your hand if you’re tired of the debate over the value of a legal education. Yeah, me too.
Well, sorry to disappoint you, but the debate rolls on. A prominent law school dean and one of his colleagues took to the pages of the New York Times to once again defend the law school ivory tower from its critics.
Who are we talking about, and what are their arguments?
We all know that the employment landscape for recent law school graduates is still looking pretty bleak. Fifty-seven percent of 2013′s law school graduates are employed in full-time, long-term jobs that require bar passage. If we exclude the percentage of full-time, long-term jobs funded by law schools, the legal employment rate drops to 55.3 percent. Meanwhile, 11.2 percent of 2013′s graduates are still unemployed nine months after receiving their degrees. The job market sucks, for lack of a better word, and law schools are sinking in the U.S. News rankings because of their terrible employment statistics.
That’s why law schools are doing anything and everything they can to try to put their graduates to work. It seems that some schools are even willing to go to extremely unconventional lengths to do so. For example, one law school is thinking about suspending faculty raises and using that money to create a new jobs program for its graduates.
A law professor there just found out that he may not be getting a raise this year, and he is PISSED….
Back from the big NALP conference, back from Seattle, happy to be back in New York City. The five boroughs came up a lot at the conference thanks to the big move by Brooklyn Law School to cut tuition by 15% next year.
If I may summarize the reactions from other schools about Brooklyn’s cut (I’m paraphrasing):
F**k those motherf**kers. It’s still super-expensive. Go STATE!
Actually my school did something very similar. [Elie explains why their school is not similar.] Well, that’s just your opinion, man.
Can somebody wake me up when Yale does it?
I expected that other schools would be a little annoyed with Brooklyn. Schools are already facing a financial crunch given the sharp drop in new law students; not many want to take on the additional financial burden of across the board rate reductions. I recently appeared on CNBC with Brooklyn Law Dean Nick Allard, and he explained that Brooklyn Law sold off some of its capital assets to afford this. I noted that not every school is in the position to do that.
But I didn’t expect some prospective Brooklyn Law students to also bitch about the reduction. I guess when you expect dumber people to subsidize your education, having that taken away from you is jarring…
Throughout the past few weeks, several law schools have been hit hard by the realities of the market for legal education — there have been faculty layoffs and buyouts galore. We suppose this is what happens when people stop applying to law school in droves. Rather than offsetting the financial losses by charging higher tuition, most schools are “rightsizing” themselves by cutting faculty positions they deem unnecessary, a big blow to those ivory-tower elites who believed their jobs were secure.
But because nothing in the legal profession is very secure anymore, today we’ve got news of layoffs from a public law school facing major budgetary issues thanks to a gigantic funding gap across the entire university system.
Which law school could it be? Keep reading to find out…
* The panel investigating the Bridgegate scandal gave Gibson Dunn until the end of the week to turn over all materials relied upon to clear Gov. Christie from wrongdoing. Thankfully, the governor was too busy working out to be upset. [New Jersey Star-Ledger]
* Penn Law has named Wendell Pritchett, the chancellor of Rutgers University-Camden, as interim dean to take over for Michael Fitts, who is leaving to become Tulane’s president. What an incredibly deanly name he’s got there. Congrats! [Philadelphia Inquirer]
* New York Law School is launching an in-house institute — the first of its kind in New York City — to help corporate attorneys solve their problems and law students learn about life inside a legal department. Gee, this idea sure sounds familiar. [Corporate Counsel]
* Rachel Canning, the New Jersey schoolgirl who recently dropped a lawsuit against her parents, was caught partying with the boyfriend who was the cause of the entire affair. Tsk tsk, bad girl! [New York Post]
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past seven years. You can reach them by email: email@example.com.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
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