* President Obama apologized to Kamala Harris after referring to her as the “best-looking attorney general in the country.” We’re guessing the First Lady was none too pleased with her husband’s behavior. [New York Times]
* If you’re unemployed (or were the victim of a recent layoff), try to keep your head up, because there’s still hope for you. According to the Bureau of Labor Statistics, the legal sector added 2,000 jobs last month. [Am Law Daily]
* The 10 percent vacancy rate on the nation’s federal courts is unacceptable and the New York Times is ON IT. Perhaps D.C. Circuit hopeful Sri Srinivasan will have some luck at this week’s judicial confirmation hearing. [New York Times]
* Shine bright like A. Diamond: Howrey’s bankruptcy trustee is still trying to get “unfinished business” settlements from several Biglaw firms, but managed to secure funds from ALAS. [Capital Business / Washington Post]
* Contrary to what law deans tell you in the op-ed pages, if you want to work as a real lawyer, it actually matters where you go to law school. We’ll probably have more on this later today. [National Law Journal]
What I find most ironic is that those individuals advertised themselves to law schools as great critical thinkers. Now they say they never considered the possibility that employment might include part-time jobs.
Only 56 percent of the class of 2012 secured full-time, long-term legal employment within nine months of graduation. In this economy, that passes as good news because that figure is up one percent from last year. It’s kind like telling a terminally ill patient that his parking tickets got dismissed.
Law School Transparency reports that when you exclude school-funded jobs, the employment number falls to 55 percent. And there is more bad news when you dive deeper into the statistics.
But this is the class of 2012, the first class that really should have known that this was going to happen….
Legal education is a hot-button topic these days. Elie Mystal and I have taken our debate on the future of legal education to UNLV and Cardozo Law, in appearances co-sponsored by the Federalist Society and the American Constitution Society, and our roadshow hit Georgetown Law earlier today. (If you’d like to invite us to your school, most likely for the fall semester at this point, drop us a line.)
Despite disagreements over proposed solutions, folks generally agree on what needs to be improved. In an ideal world, law school would be less expensive, and legal jobs would be more plentiful. In an ideal world, more than 55 percent of recent law school graduates would wind up with full-time, long-term legal jobs.
But we don’t live in an ideal world. We live in the real world, which is imperfect and messy and depressing. Law schools and their graduates have to make the best of a challenging situation.
Which takes me to the practice of law schools employing their own graduates. In an ideal world, law schools wouldn’t have to resort to this. But in the real world, it’s not necessarily a bad thing, at least when it’s done right.
So pop your collars in celebration. UVA, I’m looking at you….
Yesterday, we brought you some news you can use when it comes to law schools and the employment data that went into the 2014 U.S. News law school rankings. The Top 10 lists we provided you with contained some pretty vital information, including which law schools best know how to put the “bar” in “barista.” (N.B. As we noted, the sample size here was small, but still, perhaps you should’ve considered enrolling at ITT Tech.)
We thought that our readers had gotten enough of their rankings crack, but it seems like you’re addicted to it. Don’t worry, you’ll be okay, because we’re here to give you another much-needed hit.
Would you like to know which law schools are the most likely to lead to “elite” employment outcomes?
Another day, another post about the latest batch of U.S. News law school rankings. It’s been a while since we last wrote about them, and we figured you might be experiencing some sort of withdrawal, so we’re here to deliver you another much-needed dose of rankings crack. Perhaps you can consider this our Curtis Mayfield moment — we’re your pushers.
Given that our readers think employment outcomes are the most relevant factor for a law school ranking system, today we’re going to be delving into all of the employment statistics that were used in the most recent rankings, with the assistance of a Pepperdine law professor.
Which law schools had the most graduates employed as lawyers? How about the law schools where the closest graduates have come to being employed at the bar are working as baristas and bartenders?
Last week, we asked for your thoughts on what an improved, more relevant approach to law school rankings would look like. This request was of course prompted by U.S. News’s revisions to its rankings methodology, which now applies different weights to different employment outcomes, giving full credit only to full-time jobs where “bar passage is required or a J.D. gives them an advantage.” U.S. News is of course bowing to the realities of the horrific legal job market and the spreading realization that, for many if not most, pursuing a J.D. makes little economic sense.
Yet U.S. News’s revamped methodology feels like a half-measure at best, as employment outcomes make up less than 20% of the rankings formula. Compare this to the 40% of the score based on “quality assessment” surveys of practicing lawyers, judges, and law school faculty and administrators. Shouldn’t those numbers be reversed?
In any event, last week about 500 of you weighed in with your opinions on which criteria should matter and which should not when it comes to ranking law schools. The results are after the jump….
As some of you may have heard, U.S. News & World Report, which used to be a magazine found in dentists’ offices, released its annual law school rankings last week. This event sparked even more than the usual amount of angst and hysteria among law deans and students. Well, then again, this is already the 9th post on ATL concerning this set of rankings, so maybe we’re not helping. Some deans’ heads have rolled already, and angry student petitions are calling for more blood. (Do these reactions among law students run one way though? The anger sparked by a drop in rankings does not necessarily mean an inverse spike in happiness when a school climbs up, as this great pairing of gifs from someone at Chicago Law illustrates.)
Anyway, much of the heightened attention is due to the revisions U.S. News made to their rankings methodology, which now applies different weights to different employment outcomes, giving full weight only to full-time jobs where “bar passage is required or a J.D. gives them an advantage.” Whatever that last bit means. And they won’t tell us exactly how “part-time” and other categories of employment outcomes factor in. But it is at least an acknowledgement on their part of the perception that, as Staci said yesterday, “all anyone cares about are employment statistics.” (We’ll get back to whether that’s strictly true.) Then again, if employment outcomes make up only 14% of your ranking formula for a professional school, you’re doing it wrong. What would a better, more relevant rankings methodology even look like?
The new U.S. News law school rankings, which we’ve been covering extensivelyin thesepages, contain all sorts of interesting tidbits about the ranked schools. For example, in each school profile there is an “employed at graduation” figure, which “represents the percentage of all graduates who had a full-time job lasting at least a year for which bar passage was required or a J.D. degree was an advantage.”
That seems like an important and useful piece of information to know if you’re going to pay or borrow a six-figure sum to attend law school. Comparing the employment rates of different schools would be an important part of one’s due diligence when selecting a school.
Among the top 14 or so-called “T14″ law schools, which one had the highest “employed at graduation” rate? The answer might surprise you….
I’m not going to lie, these are quickly becoming my favorite columns to write every year.
For approximately 364 days a year, law school deans are free to tell us how great their schools are without being forced to provide any data to support their claims of being the best law school for whatever. But one day, each law school must confront the stark reality of their U.S. News law school ranking. They can disparage the rankings, get angry at the rankings, or boast about the rankings (if they’re lucky). But deans ignore the rankings at their own peril.
And so some deans are forced to address their schools’ poor rankings. They are free to spin things however they want, but for one day, they’re not operating in a vacuum. There is an objective fact that is just a little bit beyond their powers of self-reporting manipulation.
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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