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: firstname.lastname@example.org.
Please note that Evan Jowers and Robert Kinney are still in Hong Kong and will stay FOR THE REMAINDER OF THIS WEEK. We still have a handful of available slots for meetings with our Asia Chronicles fans. If we have not been in touch lately, reach out and let us know when we could meet! There is no need for an agenda at all. Most of our in-person meetings on these trips are with folks who understand that improving a legal practice through lateral hiring is an information-driven process that takes time to handle correctly.
Regarding trends in lateral US associate hiring in Hong Kong, we of course keep much of what we know off of this blog. Based on placement revenue, though, Kinney is having one of our most successful years ever in Asia. We are helping a number of our law firm clients with M&A, fund formation, cap markets, project finance, FCPA and disputes openings. These are very specific needs in many cases, so a conversation with us before jumping in may be helpful. As always, we like to be sure to get the maximum number of interviews per submission, using a well-informed, highly targeted, and selective approach, taking into account short, medium and long-term career aims.
Making a well informed decision during a job search is easier said than done – the information we provide comes from 10 years of being the market leader in US attorney placements at the top tier firms in Asia. There is no substitute for having known a hiring partner since he/she was an associate or for having helped a partner grow his or her practice from zip to zooming, and this is happily where we stand today – with years of background information on just about every relevant person in all the markets we serve, and most especially in Hong Kong/China/Greater Asia. So get in touch and get a download from us this week if we can fit it in, or soon in any case!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.