Debts
-
Money, Prisons, Student Loans
The Return of Debtor's Prison? Only for Those Who Can't Make a Court Appearance
There are no debtor's prisons, never forget that... -
Bloomberg, Law Schools, Money, Student Loans, Videos, YouTube
Law School Debt: By the Numbers
What does $153,000 in student debt look like? - Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Job Searches, Law Schools, Money, Student Loans
From J.D. to Food Stamps: The Personal Cost of Going to Law School
A recent grad qualifies for food stamps, and the other costs of going to law school...
-
Biglaw, Dewey & LeBoeuf, Dewey Ballantine, Lateral Moves, Law Firm Mergers, LeBoeuf Lamb, Money, Partner Issues, Reader Polls
Legacy Dewey Ballantine and Legacy LeBoeuf Lamb: Choose Your Weapon
Who is to blame for the troubles currently afflicting Dewey & LeBoeuf? There's a whole lot of finger-pointing going on between legacy Dewey and legacy LeBoeuf lawyers. -
Bankruptcy, Law Professors, Law Schools, Money, Student Loans, Television, Videos, YouTube
Lawyers & Economics: Student Debt
Welcome to the latest installment of Lawyers & Economics, our occasional video series on financial topics by Professor William Birdthistle of Chicago-Kent College of Law. Today's topic isn't going away anytime soon. If you have -- or are thinking of taking on -- student loans, keep reading.... -
Law Schools, Public Interest, Student Loans
Yale Law School Makes It Slightly Harder to Get Loan Forgiveness
Yale is making a slight change to its low-income loan forgiveness program, and it’s going to make it a little harder for people who leave Yale Law School and take low-paying jobs. Now, this isn’t anything to yell and scream about. Yale is still committed to making loan repayment feasible for people who don’t take […] -
Bankruptcy, Law Schools, Money, Student Loans
Not Even Bankruptcy Will Make Your Student Loans Go Away
More and more law school graduates are trying to seek bankruptcy protection from their mountains of student loan debt. Now, we know that reading comprehension is tested on the LSAT, but apparently, once students complete the law school entrance exam, that skill goes right out the window. How do we know? Because law school graduates, who freely signed up for student loans as law students, are now trying to shirk their repayment responsibilities.... -
American Bar Association / ABA, Law Schools, Student Loans
Law School Professionals Want Bill Robinson to Put a Sock in It
When the story about the head of the ABA's tactless remarks broke, Elie had the good fortune of being in Washington, D.C., at the annual conference of the Association of American Law Schools. Law school professionals -- the people who have to deal with the perception of general ABA incompetence on a day-to-day basis -- were not at all happy with William Robinson's comments.... - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
American Bar Association / ABA, Job Searches, Law Schools, Student Loans, Unemployment
The ABA Thinks It's Your Own Fault If You're Poor and Unemployed
William Robinson, the newly appointed president of the American Bar Association, is taking a stand on the status quo of legal education in our country. But instead calling for reform, Robinson is defending the ABA's role, stating that young lawyers "should have known what they were getting into." Isn't it wonderful to know that the man in charge of the ABA is essentially playing the "blame the victim" card when it comes to debt-saddled and unemployed law school graduates? -
Blogging, Crime, Drinking, DUI / DWI, Gay, Gay Marriage, iPhone, Money, Non-Sequiturs, Old People, Religion, Technology, Twittering, Violence
Non-Sequiturs: 12.19.11
* Someone figured out exactly what’s on every nerdy lawyer’s holiday wish list: an iPhone app for PACER. Get it while it’s hot — it’s free! [iTunes App Store] * The First Amendment will always reign supreme, even if people are harassing religious old ladies on the Twitter. [Underdog] * Legalizing same-sex marriage is like […] -
Education / Schools, Law Schools, Money, Student Loans
Don't Defend Your Law School Until You're Earning Three Times Its Yearly Tuition
The National Law Journal reports that Jim Chen, Dean of the Louisville School of Law, has come up with an easy to apply salary figure to determine whether law school was a financially sound decision on a case-by-case basis. I'd like for people who constantly defend the value of law school to start pointing out the high salaried jobs that are needed to make law school worth it.... -
Law Professors, Law Schools, Money, Politics, Television, Videos, William Birdthistle, YouTube
Lawyers & Economics: The Greek Debt Crisis
Welcome to Lawyers & Economics, a new video series on financial topics by Professor William Birdthistle of Chicago-Kent College of Law. Professor Birdthistle, who teaches corporate law, has been preparing well-received videos for his students on a variety of subjects related to economics and finance. We’ve previously linked to some of his work, which received […] -
Bankruptcy, Religion
Deadbeat Debtor Warns of Great Catholic Conspiracy
There are some debtors who go to such lengths to escape their obligations that you have to wonder what kind of person lent them money in the first place. Today we’ve got an expedited motion to vacate. It’s filed by an attorney, representing the debtor, who seems mad — both mad as in “angry,” and […]
Sponsored
Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm.
Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms.
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get…
Sponsored
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use.
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so…
-
American Bar Association / ABA, Federal Judges, Law Schools, Money, Morning Docket, Police, Student Loans
Morning Docket: 11.23.11
* The American Bar Association can’t handle law schools, yet Obama trusts them to vet potential judicial nominees. Well, seems like they’re doing a bang-up job with that, too. [New York Times] * First the New Jersey bar exam results, and now more MF Global drama. Angry investors want to know if a lawsuit will […]
-
American Bar Association / ABA, Contests, Facebook, Law Schools, Money, Student Loans
Law Students: The ABA Wants to Help You 'Put a Dent in Your Debt'
Here at Above the Law, it seems like we complain about the American Bar Association on an almost daily basis. But you know what? It’s Friday, so we’re going to cut the ABA some slack. We’re a little tardy to the party on this one, but today we have some news for law students that […] -
Law Schools, Money, Quote of the Day, Student Loans
Quote of the Day: The Island of Misfit Lawyers?
Make a law that for every student graduating from law school, he replaces an existing lawyer. That existing lawyer is then sent to an island to make dog bonnets and leg warmers. In a way, it’s a lottery designed to dissuade people from wanting to be lawyers, and increase the quality of our nation’s dog […] -
American Bar Association / ABA, Law Schools, Money, Student Loans, Unemployment
In This Economy, What's the New Meaning of JD?
Gone are the days when earning a JD meant having automatic employment prospects. Gone are the days when having student loans wasn't completely debilitating. These days, the JD has taken on a new meaning. It doesn't just mean Juris Doctor anymore. These two are a little more fitting: Job Dilemma and Jumbo Dumbass. The Connecticut Law Tribune has come out with an informative piece just in time for new 1Ls to realize that they may have embarked upon a six-figure mistake.... -
Law Schools, Money, Student Loans
Student Debt: The Bad Thing I Forgot To Mention
On Thursday night, I tried to explain the ups and downs of living your life under constant threat from debt collectors. Based on the reaction to the post, I have to say that the reading comprehension of my post was poor, even by “internet commenter” standards. Even Megan McArdle in The Atlantic missed some of […] -
Law Schools, Money, Student Loans
Student Loan Debt: What's the Worst That Could Happen?
As I’ve mentioned before, I graduated from law school over $150,000 in debt. As many of you know, I haven’t exactly paid all of that money back. Not making payments that first year was all my fault. I wanted to get married, didn’t have a credit card, and was using money that should have been […] -
Law School Deans, Law Schools, Student Loans
Boston College 3L Asks for His Money Back; Hilarity Ensues
A third-year student at Boston College Law School made a very reasonable request of the law school’s interim dean, George D. Brown: Give me my money back. I say it’s a reasonable request, because it is customary in this country to get a refund when you buy something that is defective in some fundamental way. […]