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?”
It’s almost mid-March, and you know what that means: broke law students are starting to freak out about the costs associated with their upcoming commencement ceremonies.
Most of them have already forked over six figures of government Monopoly money to their law schools, so why on earth are they so concerned about the cost of renting their caps and gowns for graduation?
To be honest, the loan money is starting to run out. While some schools have reasonable rental options (in the $50-$70 range), other schools are foisting very expensive graduation gear upon their graduates in some sort of a “gouge ‘em before they go” cash grab.
But how much is too much when it comes to one-day rental prices? Students at one top-tier law school have described what they’re expected to pay as jaw-droppingly “insane”…
Have you ever wondered how nerdy libertarian types get married? (No? Just us?) Depending on your jurisprudential leanings, you’ll be either moved, amused, or emotionally scarred by this wedding ceremony, which took place on the roof of the Cato Institute earlier this summer. Here’s the video. It gets a little weird when the groom whips out his pocket Constitution — he calls it “my Bible” — and vows to “faithfully execute the office of your husband.” (But keep watching for the bride’s vows, which are sweet and heartfelt.)
Another fun (non-lawyer) wedding write-up is this one, featuring the great-granddaughter of Maria and Captain Georg von Trapp, of The Sound of Music fame.
And now for our latest legal-eagle newlywed contestants:
A fair number of lawyers or law school graduates work in creative fields. Over the years, “recovering lawyers” have worked as writers, actors, and even painters (such as Henri Matisse and Wassily Kandinsky).
But you won’t find many lawyers who are rock stars — and I’m not talking about tax or securities law “rock stars,” but actual, literal rock stars. The free-association creativity needed to make music goes against the inside-the-box thinking prized in the legal profession. Music also involves math, and we all know that lawyers — even lawyers for the IRS — are “not good at math.”
There are, however, exceptions to every rule. A few folks with legal training have entered the music world — including Julio Iglesias, Rubén Blades, and today’s “stealth lawyer,” an attorney turned rock star….
As law students gear up for finals, it’s finally time for us to grade the videos we received for our Fifth Annual Law Revue Video Contest.
As usual, we’ll start with the dishonorable mentions. We like setting the bar low so that when you see our finalists later this week, you can see how far they rose above the rest. Our dishonorable mentions weren’t necessarily the worst videos that were submitted; instead, they were bad in a somewhat interesting and cringe-worthy way. Their badness lent itself to discussion and analysis.
Still, we want to thank everybody who took the time to produce and submit a video. Even the bad ones were good for the ATL editorial team and the community. The trauma brings us closer together….
This is the fourth in a series of posts looking at how law schools in specific markets stack up based on the results of our ATL Insider Survey. As we’ve often noted, very few law schools are truly national institutions. Typically, the majority of graduates don’t stray too far from their alma maters, so the strongest network will be local, for local jobs. It’s to your advantage to go to school where you want to practice, sometimes even more so than going to a higher-ranked school.
In recent weeks, we’ve looked at our survey results pertaining to Chicago, Boston, and New York-area law schools. We examined how current law students rate their schools in terms of academics, career counseling, financial aid advising, practical/clinical training, and social life.
Today, we turn to our broadest geographic region yet: the South (the Carolinas, Tennessee, Alabama, Mississippi, Georgia, Virginia, Florida, and Louisiana). Read on to see how schools in the region compare….
Sock-Puppets are a scourge of our time. How annoying does a person have to be create a fake, online persona specifically for the purpose of touting their own real life views?
We usually think of the most annoying commenter creating a fake persona, or “sock puppet,” to promote their “real” online persona. Occasionally, oversensitive journalists or bloggers will create an internet identity for the express purpose of pimping their articles on social media.
But today we’ve got a law professor who just got busted for creating a fake online handle to promote his scholarship. That the law professor is also a rabbi who got busted by “The Jewish Channel” just heightens the embarrassment….
Yet many professional athletes are speaking up—both to clear the way for any teammates who may be gay and closeted, and from an understandingof how even seemingly minor acts by professional athletes can reverberate with the public. Tolerance is becoming the message in locker rooms and from teams that recognize they cannot countenance use of pointless slurs like “faggot,” “queer,” and “gay.” Regardless the intent with which those terms are spoken, they classify a group and particular people as synonymous with the lesser, and professional athletes are beginning to understand that.
– Minnesota Vikings Punter Chris Kluwe and Baltimore Ravens Linebacker Brendon Ayanbadejo (congratulations on the Super Bowl) in an amicus curiae brief filed with the Supreme Court in Hollingsworth v. Perry, regarding the fate of California’s Proposition 8.
* Just because there was an undergrad rankings scandal at our school doesn’t mean that our law school data isn’t sound. ::pout:: Oh Emory, that’s so precious. [TaxProf Blog]
* Breast implants don’t make women healthier?! Damn you, Congress! [New York Magazine]
* Scamming insurance companies > scamming dying AIDS patients. [Dealbreaker]
* Scott Greenfield is running a book giveaway contest. Well, here’s my submission: The law doesn’t suck; it’s just the week before Labor Day, so writing about the law sucks. [Simple Justice; Legal Blog Watch]
* Given the number of men who ignore their girlfriends in favor of video games, it’s surprising that more women haven’t been charged with misdemeanor battery. [Legal Juice]
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.
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.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.