In 2011, when Indiana Tech announced it was going to open a law school in Fort Wayne, Indiana for no good reason, Indiana Tech President Arthur Snyder said that access to legal education in Indiana was a big reason for opening the fifth law school in the state: “There are potential students who desire a law school education who cannot get that education in this area, and there are people in our state who need legal services who don’t have access to them.”
This was always an incredibly weak argument. Now, as Indiana Tech is set to welcome its first starting class, we have some measure of proof that those 2011 prognostications were as incorrect as everybody knew they’d be in 2011….
Does somebody have to die? Does somebody have to commit suicide? Does somebody have to leave a suicide note that reads, “I just couldn’t go on paying off the debts I incurred from going to this law school”? What is it going to take before somebody, some organization, some kind of regulatory authority steps in and prevents universities from opening up debt-generation shops under the guise of providing legal education?
There have been some recent successes in the fight to get people to think before they open a new law school. Plans to further saturate the legal market with expensive J.D.s have been tabled in North Texas and Delaware.
But this is a game of whack-a-mole that can’t be won without regulatory control. The Indiana Institute of Technology is going forward with its law school plan, because nobody will stop them….
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.