* The fiscal impasse in our nation’s capital is over! The government shutdown is over! Obamaphones for everyone!!!!! [Washington Post]
* Tim Geithner was recently deposed as part of a lawsuit alleging that the government bailout of AIG was unconstitutional. Muammar Gaddafi was less recently deposed as part of a coup alleging that his female bodyguards were unconstitutionally sexy. [Fox Business]
* Cory Booker (Yale Law ’97) won a Senate seat last night, promptly bumping Lat from the cover of the next Yale Law alumni magazine. It was the Halloween issue — the annual Boo Haven edition. [ABC News]
* Mark Cuban was acquitted of insider trading charges yesterday. In related news, this basset houndloves fans. [CBS News]
* Brooklyn Law faces a possible debt downgrade from Standard & Poor’s. The school’s unemployed graduates, substandard and poor, have yet to weigh in. [Crain's New York Business]
Ed. note: This is the latest installment of The ATL Interrogatories, brought to you by Lateral Link. This recurring feature will give notable law firm partners an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
Jay Edelson is the founder and managing partner of Edelson LLC, a national consumer class action firm. Edelson LLC focuses on consumer technology, privacy, and banking litigation, and has secured settlements valued at over $1 billion in the last five years. Jay also serves as an adjunct professor at Chicago-Kent College of Law, where he teaches class actions and negotiations. The American Bar Association has called him one of the “most creative minds in the legal profession” for his views on associate training and firm management.
1. What is the greatest challenge to the legal industry over the next 5 years?
On April 1st, first thing in the morning, a number of law students all across the state of Illinois received a forwarded message that the upcoming administration of the Illinois Bar Exam would be “harder” than it has been in the past. Students were told that the Illinois Supreme Court had “resolved” to make the exam more difficult, and the students were exhorted to make the appropriate preparations for the exam.
The email found its way into my inbox, but I largely ignored it. April 1st, April Fool’s Day, I’ve been doing this internet thing for a while now. I didn’t believe that a law professor randomly decided to freak out the entire law student population of Illinois.
But the joke is on me… and Illinois Bar takers. The test is going to be graded with more rigor this year, in an attempt to make it harder….
This is the third in a series of posts looking at how law schools in specific markets stack up based on the results of our ATL Insider Survey. Very few law schools are truly national institutions. Typically, the majority of graduates don’t stray too far from their alma maters, so the strongest network will be local, for local jobs. It’s to your advantage to go to school where you want to practice, sometimes even more so than going to a higher-ranked school.
In recent weeks, we’ve looked at our survey results pertaining to Boston and New York-area law schools. We examined how current law students rate their schools in terms of academics, career counseling, financial aid advising, practical/clinical training, and social life.
Today we turn to Chicago. Which school was highest rated by its current students in all but one category?
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….
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”….
Attorneys with breast implants and alleged exhibitionist tendencies are apparently the key to success in the law blogging world, because the story went viral. Readers have requested more information about our favorite Boss Lady, and we are more than happy to oblige.
Read on to get all of the details about this fiery, legal redhead — including her bra size….
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, 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.
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…