The schools in the so-called “CCN” band — Columbia, Chicago, and NYU — do battle with one another on several fronts. They compete for admitted students, especially ones with high LSATs and GPAs. They compete in job placement, in terms of getting their grads jobs with top law firms or coveted judicial clerkships.
And they compete with each other for attracting star faculty. The University of Chicago just hired away one of Columbia’s top young law professors — a legal academic who has appeared before in these pages….
We all know that in this legal economy, 1L grades are critically important. There aren’t enough good jobs to go around, and coming out of your first semester with a strong transcript can really help. This is why some law students flip out over changes (real or perceived) to grading policies or curves.
But getting a bad grade is not the end of the world. Performing well on law school exams is a skill, one that doesn’t come naturally to everybody. And in light of the length of a person’s entire legal career, it’s kind of amazing that people stress out so much over 1L transcripts.
At Columbia Law School, the administration wants first-year students to keep a sense of perspective about their grades. In a very nice gesture, Dean of Students Michelle Greenberg-Kobrin sent the 1Ls a nice message that highlighted some of the poor grades achieved by some Columbia’s own faculty.
The message was clearly “Everything is going to be fine.” But not all Columbia students took it that way…
In these dire times, academia is regarded as a refuge. Sure, endowments are down, some schools have imposed hiring freezes, and budgets are being trimmed here and there. But the academy, especially the legal academy, hasn’t seen anything like the carnage experienced by Biglaw.
Take the ivory tower of Columbia Law School, which apparently remains an impregnable fortress against the recession. Despite a few budget cuts at the university, the law school still provides professors with delicious digs. From the Sunday New York Times:
Many buyers say that jumbo mortgages are hard to come by these days. But don’t tell that to Edward R. Morrison, a law professor and economist at Columbia University, who is something of an expert on these troubled times.
Last month Mr. Morrison and his wife, Anne, bought a restored two-family town house at 357 West 121 Street in Harlem for $2.575 million. Brokers said it was a record price for a town house in the neighborhood — just down the hill from the Columbia campus in Morningside Heights, near Morningside Park — and one of the top 10 town house sales in Harlem in recent years.
As we’ve told you before, to the Elect go all the spoils. (Ed Morrison clerked for Justice Antonin Scalia.)
Now, a $2.6 million townhouse is pretty sweet — but it’s not the nicest piece of real estate owned by a CLS faculty member. That title surely belongs to Hans Smit’s $29 million mansion.
(Actually, make that $30 million, the price reflected in the current version of the listing. What recession?)
More details about the Morrison manse, plus a picture of the super-cute professor, after the jump.
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 seven years. You can reach them by email: email@example.com.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
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