We resume our examination of professorial pay at the nation’s top public law schools (which generally have to make salary data public due to their status as state institutions). We’ve previously visited the East Coast, represented by UVA Law, and the West Coast, represented by Boalt Hall (Berkeley).
Now it’s time to head into the heartland. Let’s collect and analyze some compensation information for law professors at another elite institution, the University of Michigan Law School (#9 in the latest U.S. News rankings, and #12 in the recently released Above the Law rankings).
These salary numbers are strong. And remember that dollars go farther in Ann Arbor than they do on the coasts….
* Eric Holder has agreed to serve once more as attorney general during President Barack Obama’s second term, but he still plans to leave at some point — after all, he’s no “Janet Reno of the Justice Department.” [Blog of Legal Times]
* AIG will not join the lawsuit against America. To put that in terms that should be just as outrageous, former AIG CEO Hank Greenberg is still suing America. [Washington Post]
* For those who care about Biglaw firms and the landlords who love them, fear not, because there’s a whole lot of moving and shaking in terms of commercial real estate deals for Arnold & Porter, Goodwin Procter, and Sidley Austin. [Am Law Daily]
* Jacoby & Meyers scored at the Second Circuit: its attack on New York’s ban on non-lawyer firm ownership was reinstated. Soon Walmart will own a firm with “Low Prices. Every day. On everything.” [Bloomberg]
* Who’ll step in to fill Evan Caminker’s $400,000+ shoes as the next dean of Michigan Law? None other than Mark West, who’d like to improve financial aid and loan repayment programs. [National Law Journal]
* Gun nuts, commence your rioting… now. If passed, Governor Andrew Cuomo’s sweeping gun-control proposal would make New York the state with the strictest gun laws in the country. [WSJ Law Blog (sub. req.)]
* Speaking of needless gun violence, by Friday, we’ll know whether there’s enough evidence to move forward with a trial for James Holmes, the accused shooter in the Aurora movie theater massacre. [New York Times]
Michigan Law School, a state school, charges $46,586 per year in tuition. It then conservatively expects students to incur another $18K-plus in living expenses to bring the price tag for one year’s worth of a Michigan legal education to $64,716 for in-state residents. That prices out to $194,148 for the full three years, and that’s assuming that Michigan doesn’t raise tuition while you are there.
And Michigan is one of the few places that can, more or less, claim that it’s worth it. To be sure, it’s not worth it for all the students. Remember, Louisville Law Dean Jim Chen just told us that people need to make three to six times their law school’s yearly tuition in annual salary if they go to school on loans and want to one day be financially sound homeowners. Some Michigan grads are banking upwards of $279,516, but certainly not all.
Still, one would expect a significant amount of that high tuition goes toward making Michigan Law what it is, and keeping the professional opportunities rolling for Michigan graduates.
Apparently, keeping Michigan Law what it is involves paying Michigan Law Dean Evan Caminker quite a tidy sum….
Way back in 2008, I noted with skepticism the University of Michigan’s “Wolverine Scholars” Program. I wasn’t the only one. The initiative allowed Michigan undergraduates with very high GPAs to get into Michigan Law without having to take the LSAT.
The program seemed like a pretty obvious attempt to game the U.S. News rankings. It’s so obvious that the now disgraced former Dean of Admissions for Illinois Law, Paul Pless, who had a similar program at his school, had this to say about it:
I started a new program for U of I undergrads to apply in their junior year and we don’t require the LSAT. We have additional essays and an interview instead. That way, I can trap about 20 of the little bastards with high GPA’s that count and no LSAT score to count against my median. It is quite ingenious.
Pless was talking about Illinois’s iLeap program, which was substantially similar to the Wolverine Scholars program at Michigan.
The Pless quote came out earlier this month, as the admissions director was being ushered under the bus by Illinois Law as the “lone gunman” for its embarrassing admissions scandal.
With the spotlight on a Big Ten school that manipulated admissions statistics for years, Michigan very quietly canceled its Wolverine Scholar Program.
There’s been much less fanfare about the end of the program than there was about its start. In fact, we obtained FOIA documents that contain various emails from Michigan Law Dean Evan Caminker and Dean of Admissions Sarah Zearfoss.
They talk about the program, and the how “the blogs” are covering it….
What an awesome venue. They should try playing football there or something.
Well, Michigan Law Dean Evan Caminker got what he wanted: Ohio Senator Rob Portman addressed gradating 3Ls, at senior day. But conscientious members of the Michigan Law community didn’t have to stomach it if they didn’t want to. There was a walk-out during Portman’s speech, and somereports claim that over 100 students (out of 400) joined in.
Michigan students who support civil rights and marriage equality should feel proud. They’ve brought national attention to this issue. And they did so without “ruining” graduation for anybody else. There’s video of the walk-out up on Perez Hilton, and it doesn’t appear that the protesting Michigan students were unduly disruptive to those who wanted to hear Portman speak.
While it is sad to see the class split like this, perhaps the Michigan administration will invite a less divisive speaker next year. Given the position Michigan Law put its LGBT community in, I’m not sure how this could have turned out much better…
Michigan Law Dean Evan Caminker has issued what appears to be his final decision about the Rob Portman fiasco. The Dean has listened to all the relevant constituencies and decided that pulling Rob Portman might cause more long term harm. And so Portman is going to be allowed to speak. Dean Caminker announced this in a letter to concerned Michigan Law alumni.
Maybe Dean Caminker is right. I mean, look at what’s happening with King & Spalding. And, to my mind, a big Senior Day protest involving LGBT and straight students at Michigan Law will really show the community just how many people support the cause of equal human rights. So some good may still come out of all of this.
But perhaps the most important thing that has happened here is that Michigan Law and Dean Caminker have learned a lesson about just how far outside the mainstream the anti-marriage-equality people have strayed. This issue seems to have moved beyond our normal partisan debates about debt ceilings and which sovereign nation we should be meddling in this week. This issue is starting to transcend, and I bet Michigan will remember that next year….
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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!