This has become one of my favorite posts to write every year. The U.S. News 2015 Law School Rankings are out. Some schools did well, some schools dropped like stones, and some deans from some schools send out emails encouraging students that there is NOTHING TO SEE HERE and the U.S. News rankings should be ignored.
Unless they do well. Deans from schools bathing in the warm light of U.S. News send out messages like this one from Florida State’s dean:
I am delighted to report that U.S. News & World Report has ranked Florida State University College of Law as Florida’s #1 law school, at 45th best nationally. Our closest Florida competitor was the University of Florida Levin College of Law, which it ranked at 49th best nationally. Thanks. Don
Donald J. Weidner
Dean and Alumni Centennial Professor
Florida State University College of Law
Undefeated football team, top-ranked law school in Florida, Chief Osceola seems to be leading the University of Florida on a trail of tears.
Congrats to FSU. Now, let’s get to the sad-faced deans….
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]
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…