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 traditionally made up what used to be the alphabetically listed third tier. It was only very recently that the law schools that once constituted the “third tier” received the gift that keeps on giving (no, not herpes): numerical rankings.
Today, we’ll be talking about the schools that used to comprise the fourth tier, but now have a new name. These days, this segment of the U.S. News list is referred to as the “second tier,” and although they’re all ranked, those rankings aren’t published (presumably because no one wants to brag about going to the worst law school in the nation — as if being tied for 144th place is better).
Let’s use this post to discuss these schools, collectively or individually, and to compare and contrast….
As baseball fans are well-aware, the San Diego Padres don’t have a very good record. At 15 games below .500 this year, they’re the second-worst team in the National League West, the fourth-worst team in the National League, and the fifth-worst team in all of MLB right now. The Padres have only won the National League Pennant twice, but lost in the World Series both times. They’re the only team in MLB to never record a no-hitter. To be frank, the Padres suck.
Why anyone would want to apply for a job working with the Padres is simply beyond me. Why that same person, a law student at the time, would apply for a job with the Padres at least 30 times puts her in wackadoodle territory. But who am I to judge?
Anyway, eventually people get sick of receiving rejection letter after rejection letter after rejection letter — or in most cases, no rejection letter at all. These days, people don’t even have the courtesy to tell you to go f**k yourself. I’m sure recent law school graduates can commiserate.
But after applying and being summarily rejected for an extremely low-rent job with the Padres, this former law student had absolutely had it. She was mad as hell, and she wasn’t going to take it anymore. The result? Possibly the best email ever sent from a repeatedly rejected job seeker….
Dewey & LeBoeuf's sign at 1301 Avenue of the Americas. (Photo by David Lat. Feel free to use.)
Let’s take a step back from the hurly-burly of day-to-day, hour-by-hour coverage of Dewey & LeBoeuf, the once-powerful law firm that could soon find itself in bankruptcy or dissolution. We will return to bringing you the latest Dewey news in tomorrow’s Morning Docket. (Of course, as you may have noticed, we added many updates to Tuesday night’s story; refresh that post for the newest developments.)
Let’s take a step back, and ask ourselves: Who is to blame for this sad state of affairs? And what lessons can be learned from the Dewey debacle?
Back in October, we informed our readers that law school litigators Jesse Strauss and David Anziska intended to file class action lawsuits against 15 additional schools, on top of the two they’d already filed against Cooley Law and New York Law School. In mid-December, we brought you an update on the status of those potential filings after Anziska told us that at least three named plaintiffs had been secured for 11 out of the 15 law schools on October’s target list. And now, about a month and a half later, have we got some news for you.
Anziska quipped in an interview with us last year that he hoped to turn 2012 into the year of “law school litigation.” Well, the class action crusader is off to a great start, because today, Team Strauss/Anziska partnered up with six other law firms and filed lawsuits against 12 law schools around the country. According to Anziska, “these lawsuits will define a generation.”
Which law firms have joined in their mighty quest, and which law schools have been sued? Find out all of this information, plus additional details that we learned during today’s media conference call, after the jump….
Now that it’s mid-December, we’re still waiting for these lawsuits to be filed. What’s the hold up? These crusading lawyers say that they are ready, willing, and able to sue all 15 law schools, but there’s just one teeny, tiny problem. Here’s where our loyal readers come in.
Are you a disgruntled law school graduate? Did you rely on your law school’s employment data, only to find that you are now unemployed or unemployable, despite your law degree?
If so, then consider heeding this call, if you want to help crowdsource a lawsuit against what Anziska calls the “law school industry cartel”….
Back in August, we reported that Kurzon Strauss had filed class action lawsuits against Thomas M. Cooley Law School and New York Law School for fraud, negligent misrepresentation, and deceptive business practices. And earlier this week, we started to wonder how those cases would be moving forward, because Kurzon Strauss is apparently no more.
That’s right, the law firm that brought us some of the most prolific class action lawsuits of the year has broken up. Breaking up is hard to do, especially when you’ve got major cases like Gomez-Jimenez v. NYLS and MacDonald v. Cooley Law to deal with.
So, what’s a lawyer to do? Apparently the solution is to file fifteen more class action lawsuits against law schools with questionable post-graduate employment data.
Is your law school or alma mater a defendant? Let’s find out….
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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@example.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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