Recently, a solo practitioner somewhere in the Midwest posted on Facebook about her “incredible” annoyance at the fact that the ATL Law School Rankings do not count solos (and therefore her) as part of a school’s “employment score.”1
That’s unremarkable, of course. We don’t expect or intend that our approach will please everybody. Anyway, the resultant comment thread was, for the most part, a thoughtful discussion of the pros and cons of excluding solo practitioners in evaluating a particular law school school class’s employment outcomes. Again, all of this is unremarkable, and — especially considering the ATL rankings were published back in April — hardly worth noting now. But one particular commenter really, seriously disliked the ATL rankings methodology. Before you say “so what?” (or “me too”), consider the commenter is indisputably one of the most influential law school deans in the country. Not only that, this dean made a “suggestion” in the course of the discussion that, if it were adopted, would be a game changer for how law schools would share employment data….
1 It must be noted that the solo did not read or did not understand our methodology in the first place. Our employment scores measure the most recent class ten months after graduation. She only recently began her practice. Prior to that she worked for a couple years as a public defender, a job that would have been counted under our formula.
‘Should I go to law school? Nah, I don’t want to be poor.’
Last year, there was such a substantial national decline [in law school applicants], and a lot of law school deans said, “It’s got to be the bottom of the market, right?” People assume there has to be an uptick, because there’ll be a recovery and students will see an opportunity to get into better schools. But then a year goes by and there’s an additional decline. I will say this: The preliminary data I’ve seen on the students who have taken the LSAT this year suggests that we’re not seeing a big recovery — let’s put it that way.
I previously wrote about the depressing prospects for graduates of all but the top ten or twenty law schools (“Two Law Grad Markets”). And yes, these were statistical generalizations, and the experience of specific individuals with particular skills and backgrounds will always be different, pro and con. But as an industry, if you care about our supply chain for talent, many law schools are burning platforms.
There are actually some closely connected problems driving this dynamic:
More JDs are being turned out each year than there are (a) full-time, (b) long-term jobs, (c) requiring bar passage, (d) at current salary levels;
perhaps the primary reason for the mismatch between supply of JDs and current demand for them (about two supplied for every one today’s market is demanding) is that clients increasingly resist paying for junior associates, which makes it uneconomic for firms to invest in traditional training;
but/and at the same time, every sentient observer is painfully aware that vast segments of the U.S. population — consumers and businesses alike — remain underserved by lawyers.
This would prompt any economist to ask, almost instinctively, “Why isn’t there a market-clearing price where supply and demand can meet?” Which is another way of asking, “What if there were a way to address both these problems at a single stroke?”
* “The multimillion dollar question is: Is it going to happen and for how long?” Surprisingly, health care attorneys from large firms are being quite blasé about the Congressional battle over Obamacare. [Blog of Legal Times]
* The 2013 Global 100 is out, and with an 8.6 percent growth in revenue, DLA Piper was able to really show the world the benefits of churning that bill, baby! We’ll have more on this news later today. [American Lawyer]
* This is getting exhausting: Dentons, the three-way merger product of SNR Denton (a merger product itself), Salans, and Fraser Milner Casgrain, is in talks with McKenna Long & Aldridge for yet another merger. [Am Law Daily]
* The director of the Commodity Futures Trading Commission’s enforcement unit will be stepping down to spend time more with family. The countdown until he returns to Skadden Arps starts now. [DealBook / New York Times]
* Ted Olson and David Boies, perhaps more commonly known these days as the gay marriage dream team, will be working together to challenge Virginia’s ban on marriage equality. [National Law Journal]
* Should law school be two years long? Kyle McEntee of Law School Transparency (3 points) is beating the pants off Northwestern’s dean (-4 points) in this debate. [Debate Club / U.S. News & World Report]
* The Italian Court of Appeal is retrying Amanda Knox of a crime she’s already been convicted and acquitted of, and the chances she’ll be extradited if convicted again are slim to none. Buon lavoro. [CNN]
David Lat and I were on CNBC’s Power Lunch with Dan Rodriguez, Dean of Northwestern Law School, discussing whether law school should be two years. As I mentioned earlier today, this debate got started again when President Obama said that he thought law school should last only two years, at least in terms of classroom instruction. Please see my earlier post if you’d like to talk about why Obama’s thought bubble was literally the least useful thing he could have done to effectuate the change he desires.
Here, we’re going to talk about whether Obama’s idea is good in the first place. Should law school be two years long? Let me rephrase that question: is there any possible justification for forcing people to sit through a third year of law school if they don’t want to?
It’s pretty well established that the people running Thomas M. Cooley Law School have no sense of shame. They invented their own stupid law school rankings and then had the audacity to rank themselves #2. They’re already the second-biggest law school in the nation, but they’re opening another campus, this time in Florida. Cooley really doesn’t care what you think (or what the graduates who are suing them think), so long as there are enough prospective law students to fill their incoming class.
As we mentioned in Morning Docket, the Wall Street Journal (sub. req.) did a big article this weekend about law schools that are taking a thoughtful approach to class size given the challenging legal job market. In the article, Cooley evidently didn’t mind looking like the thoughtless school that does what it wants and dares somebody to stop them.
Again, if you know Cooley’s history, that’s to be expected. It’s just their hypocrisy can be a little hard to swallow…
Last summer, David Van Zandt announced that he was stepping down as dean of Northwestern Law, in order to assume the presidency of the New School here in New York. In the fall, he put his magnificent mansion on the market — for a whopping $4.7 million. (DVZ bought the 6,300-square-foot house, in Chicago’s tony Lincoln Park neighborhood, for $922,550 back in 1996.)
We were impressed. We wrote at the time: “It seems that Dean Van Zandt’s talents extend to real investing as well as academic administration!”
But some commenters were less enthused. Wrote one, “Let’s wait and see how much he actually gets, shall we?” Said a second, “I live in the area…. he will be lucky to get $3.0M.”
We can now report that a buyer has closed on President Van Zandt’s former home. How much did he get for it?
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
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