* Though she be but little, she is fierce! Under Mary Jo White’s guidance, the Securities and Exchange Committee is now cracking down on financial fraud with a vengeance. [DealBook / New York Times]
* When a Biglaw firm’s chairman skeptically says, “Uh, OK, I mean, maybe,” with regard to a future increased demand for legal work, you know things are bad. We’ll have more on this later today. [New Republic]
* With Detroit’s downfall, vultures are swooping in left and right to snag clients. Firms retained thus far include Weil Gosthal, Arent Fox, Kirkland & Ellis, Winston & Strawn, and Sidley Austin. [Reuters]
* “I’m not a 100% sure this is legal.” Two law professors have come up with a revolutionary way for law students to finance legal education that sounds like it just might work. [WSJ Law Blog (sub. req.)]
* Normally when Biglaw firms and legal departments go to court over contested litigation, something’s gone wrong, but this summer, they’re trying to do some good in the world. [National Law Journal]
* Soon, it’ll be known as Western Michigan University Thomas M. Cooley Law School, but even with a new name, you’re still going to be Cooley, and there’s no recovery from that. [Lansing State Journal]
* In Greenwich, Connecticut, the fact that people buy homes where they want their kids to go to school isn’t a “complicated concept.” The schools’ racial diversity, on the other hand, is. [New York Times]
Here at Above the Law, we try to pay attention to every sector of legal employment. We often find ourselves skewed rather heavily toward Biglaw, but as we all know, not everyone wants to work in Biglaw — including some of the people who are ensconced in high-paying Biglaw jobs themselves.
Imagine a place where you won’t be shackled to the billable hour. Imagine a place where you’ll get all government holidays off without having to worry about showing up just for the sake of appearances. Imagine a place where your clients are people, not corporate entities. If that seems nice to you, it’s because it is.
Today, we’re going to open the floodgates for the members of our audience, prospective law students in particular, who aspire to some day work in government and public interest jobs. Which law schools should you be considering if you’d like to have the best odds of reaching your goal?
Welcome back to our series of open threads on the latest batch of U.S. News law school rankings. Last time, readers weighed in on the law schools that made up the bottom third of the traditional first tier. Alas, thanks to the way employment statistics are now weighed in the U.S. News methodology, some law schools were knocked off of their prestigious pedestals, and law students are calling for their deans’ heads now that they’ve descended downwards into previously uncharted territory: the traditional second tier.
Today, we’ll take a look at those law schools, as well as their new rankings rivals — the schools that have traditionally been known to dwell in this part of the U.S. News list. You are about to enter another dimension, a dimension not only of sight and sound but of mind. Your next stop, the Second Tier Zone….
One reason law schools care about the U.S. News law school rankings so much is because prospective law students care about the U.S. News law school rankings. The other reason is that people get fired when their schools drop too long and too far in the rankings.
Every year, deans and assistant deans find themselves “pushed out” of a job thanks to the U.S. News rankings. Law schools and university presidents rarely say outright that changes are being made in response to the magazine, but let’s just say that Kenneth Randall, dean of the rising Alabama Law School, is probably very safe in his job for another year.
This year, the rankings seem to have already claimed their first assistant dean casualty. But what’s fun this time around is that students at two law schools have started petitions demanding that their deans get canned for poor performance in U.S. News.
It’s entirely possible that U.S. News is getting more powerful in a market of declining law school applications….
* As an in-house compliance officer, there’s only one guarantee: you’ll be paid, and you’ll be paid quite well — we’re talking like six-figure salaries here. Regulatory corporate compliance, on the other hand, isn’t such a surefire thing. [WSJ Law Blog (sub. req.)]
* When it comes to employment data, this law dean claims that using full-time, long-term positions where bar passage is required as a standard to measure success in the employment market is “grossly misleading.” Uhh, come on, seriously? [Am Law Daily]
* “Bar passes and jobs are inextricably tied,” but eight of New York’s 15 law schools had lower bar passage rates than last year for the July exam. Guess which school came in dead last place. [New York Law Journal]
* Dominique Strauss-Kahn officially settled the sexual assault civil lawsuit that was filed against him by Nafissatou Diallo. Given that she thanked “everybody all over the world,” it was probably a nice payout. [CNN]
* Steven Keeva, a pioneer in work/life balance publications for lawyers, RIP. [ABA Journal]
They’ve stepped up the production value, they have a celebrity cameo from the Director of the United States Patent and Trademark Office, and it all fits nicely into a rap song, you guessed it, about patenting sex. So yeah, click through for some serious flow….
Apparently, suing law schools isn’t a fool’s errand.
Thomas Jefferson School of Law filed a motion to dismiss its class action lawsuit over its employment statistics this summer. On a conference call with Team Strauss/Anziska today, we learned that TJSL’s motion has been denied.
Guess that means we’re in for the long haul with these lawsuits.
Three other law schools have filed motions to dismiss — New York Law School, Cooley Law, and Florida Coastal. Will this be the start of a trend?
When we last checked in with the attorneys responsible for the law school litigation movement, we were informed that “a very big announcement” would be coming in the “next few days.” With a promise to make 2012 the “year of law school litigation,” Team Strauss/Anziska is working hard to remain true to its word. March isn’t even over, and they’ve already sued 12 law schools. In fact, they’re so efficient that we only had to wait one day for the big reveal.
Today, the lawyers leading the law school litigation squad announced that they are planning to target 20 more law schools for class action lawsuits over their allegedly deceptive post-graduation employment statistics. This time around, you may be surprised by some of the law schools that appear on their list.
Is your law school or alma mater going to be a defendant?
And just like that, it’s December. Flurries fill the sky, Wham’s “Last Christmas” saturates the airwaves, and the list of weddings in the New York Times shortens dramatically. Quality tends to decline along with quantity, but we’ve been pleasantly surprised to find plenty of comment-worthy nuptials (and attractive brides!) over the past couple of weeks.
Here are the three weddings that most caught caught our eye:
Curvaceous beauty Monica Lewinsky, who will go down in history as the world’s most famous intern, once joked about going to law school. Instead she went to the prestigious London School of Economics, from which she graduated with a master’s degree in social psychology.
Interestingly enough, Lewinsky wrote a law-related thesis: “In Search of the Impartial Juror: An Exploration of the Third Person Effect and Pre-Trial Publicity.” So maybe she’s leaving the door open to law school at a later point in time.
If Lewinsky decides in favor of a legal education, she might want to consider Washington College of Law (WCL), at American University. Based on an amusing instant-messenger chat that has been making the rounds recently — we received it from half a dozen different sources, so it’s in wide circulation — it seems she’d fit right in.
If you have delicate sensibilities, stop reading now. But if not, check out the quasi-racy IM conversation, after the jump.