As has been reported, everywhere, some law school you’ve never heard of sold its naming rights to some guy you’ve never heard of for a sum of money that will be pissed away before you can blink.
I get why a major corporation would pay to name a stadium. It’s advertising. I just got back from Indiana and, what do you know, turns out Lucas Oil is a thing. I even get it when a law school names a stadium. I mean, it’s stupid, but I get it. Go Lugnuts.
But why would a private citizen pay $50 million to affix his name to an eight-year-old law school he didn’t even attend? There are people grinding out Crucible emblems in Destiny that aren’t as pointlessly vain…
Ed note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Ann K. Levine, a law school admission consultant and owner of LawSchoolExpert.com, offers helpful tips on how to approach law school.
There is a lot of information right here on ATL that would dissuade most people from applying to law school. But, since readers keep coming back to read these posts year after year and month after month, I have a hunch that there are a lot of you insisting on going ahead and applying to law school anyway. In which case, for those individuals, I want to share some insights about the right way to approach law school and the law school application process.
If you haven’t been following the saga of the Charleston School of Law, here’s the short version:
There once was a subpar legal institution
It could barely teach the constitution
The students had no hope
But the law school couldn’t cope
So it sold itself to InfiLaw.
Yeah I suck at writing limericks. And “couldn’t cope” is a bit inaccurate — it’s only a financial wreck because the founders skimmed $25 million in profits off the school over the last three years. The point is, after years of struggling to be acknowledged as a real law school — ABA accreditation doesn’t count because I’m pretty sure they’d accredit the JoePa Academy of Law if I asked nicely — Charleston couldn’t hack it on its own and entered an agreement to sell the school to InfiLaw: lock, stock, and clinic. At the time, Elie described Charleston students as strippers waking up to find out the club was sold to a whorehouse, which resonates.
Legislators decried the move. The Licensing Committee rejected the sale. And yet the deal soldiers ahead.
Now Charleston has a new suitor willing to save it from for-profit InfiLaw. But would it run the school any better?
We recently reminded our readers about the deadlines for various federal-government honors programs (including but not limited to the DOJ Honors Program). In case you missed those deadlines, though, here’s another option for entering government service….
Pack it in everybody! Mere days into the new year, there’s a 1L out there who has the “law” all figured out. He can isolate the relevant aspects of a case at first glance and his agile mind can dismiss a flawed reading with ease. He’s so prepared that he’s already talking smack about law school graduates. And he did it all on Facebook so we can see how smart he is. We are truly living in blessed times. He will restore balance to the law!
Now, some naysayers would suggest that a 1L a few days into their law school career has no place calling out the work of those who’ve come before as irrelevant and untrue. That perhaps singling out by name a law school graduate and questioning his legal acumen was excessive for a mere pup. Ignore those voices. You can’t silence genius like this.
* Yale Law is teaching students basic financial literacy. While some are hailing this program, my question is: how are kids getting to 20-something without learning this stuff already? [Yale Daily News]
* Uh oh! The Second Circuit is having a copy/paste problem in that it copied and pasted the wrong legal standard into twelve of its immigration opinions from 2008 to 2012. Embarrassing. [WSJ Law Blog]
* Am Law named the grand prize winners of the magazine’s Global Legal Awards for the best cross-border work in corporate, finance, disputes, and citizenship. Was your firm honored? [Am Law Daily]
* An attorney at this Louisiana law firm was apparently attacked by a co-worker’s husband who claimed that the lawyer was behind his cuckolding. We may have more on this later. [Louisiana Record]
* A computer systems engineer at Wilson Sonsini has been charged with insider trading. This is the second time in three years that an employee from the firm has been charged with this crime. [Bloomberg]
* The best way to navigate common mistakes in the LSAT logical reasoning section is to display your logical reasoning capabilities by not taking the LSAT right now. [Law Admissions Lowdown / U.S. News]
While it’s true that things have been spiraling downwards for law schools since the Great Recession, it wasn’t until 2011 that things really got out of hand. That was when the very first class action lawsuit about deceptive employment statistics was filed against the Thomas Jefferson School of Law. Little did we know that it would prove to be a harbinger of doom for the school.
About a year ago, we brought our readers the sad news that TJSL had conducted faculty and staff layoffs in an effort to free up funds. Not only had it suffered a blow to its enrollment, but it was also struggling to pay off the $133 million debt it accumulated after opening its new campus building in 2011.
To make matters infinitely worse, in December 2013, Standard and Poor’s released news that it had downgraded the credit ratings of a slew of stand-alone law schools. TJSL was one of the downtrodden schools whose credit standing was downgraded to B+, junk bond status with a negative outlook.
Now, we’ve got news that could have disastrous effects for the law school. It seems that TJSL has defaulted on its bonds, and it may be unable to remain in operation due to its financial predicament…
Good news, another law school has cut its tuition. For all of the… creative ways some schools are trying to cope with decreasing law school applications, tuition cuts still seem like the only thing that is likely to help.
But even as some schools start to cut, you wonder if tuition can ever be rolled back to the point where law school is cost-effective for the current generation of prospective law students. Law schools have been raising tuition, every year, for decades. Is cutting tuition now just like putting on perfume instead of taking a shower?
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: firstname.lastname@example.org.
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 email@example.com or firstname.lastname@example.org. 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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