Law school graduation is coming up and that means it’s time to engage in duplicitous backstabbing of everyone you call a friend in a mad scramble for graduation week event tickets.
That’s why the process of selling graduation week tickets has to be managed with a level of procedural fairness normally reserved for stock quotes or Miley Cyrus tickets. It’s also the reason everything can quickly descend into a lower circle of hell if someone feels they’ve been screwed over for tickets.
That’s what happened when a top law school accidentally gave the LLMs an early bite at the grad event ticket apple. And what they tried to do next lit up a hornets’ nest of entitled tools….
Are there lots of people in law school who are under 21? Are there lots of people in law school who can’t give legal consent for taking out hundreds of thousands in student loan money? Are there lots of people in law school who should have to ask for a hall pass before they go take a leak? Not many? Then maybe law students should be allowed to congregate and have a freaking beer without the administration threatening them with sanctions. Maybe the law school’s policies regarding alcohol at student functions should be a little bit different than the policy of the undergraduate school. Maybe a group of legal educators should be able to DISTINGUISH between a law student and a college freshman.
A law school has come up with a set of embarrassing and ludicrous alcohol-related policies, and now it’s threatening students who try to work around them…
Law school tuition goes up. That’s just what it does. It goes up during boom times, it went up during the recession. It goes up when lots of people apply to law school, it goes up when applications are at historic lows. If they could distill law school tuition into a pill, it would replace Viagra.
Law schools seem very good at estimating how much law school should cost. But are they as good at telling you how much you’ll need to spend while you’re in school besides tuition? Room and board, living expenses and transportation costs, these things go up too. But some students argue that when it comes time to estimating these costs — costs that are the basis for the federal loans that students take out in order to shelter themselves and eat while they’re in school — law schools set the bar unreasonably low. From the law school’s perspective, student expenses are relatively flat… it’s only the tuition that needs to go up.
Tipsters pointed out one school for a case study of this phenomenon….
Another day, another ranking. Princeton Review has released its annual law school ranking, which we hereby dub the Everyone Gets a Trophy Awards. Each year, the list is divided into 11 categories, and each one seems to be filled with results even more asinine than the last.
While the results here leave much to be desired, surely people will be interested in seeing which schools are doing the best in terms of their graduates’ ability to get jobs (not necessarily as lawyers, mind you, but jobs, period). Thankfully, there’s a ranking for that.
But can we live in a world where Yale Law isn’t number one — or on the list at all? Let’s find out…
As fewer people apply to law school, deans have basically two options: they can shrink the size of the entering class, which reduces tuition revenue, or they can keep the size of the entering class the same, which results in credential dilution — a student body with lower LSAT scores and GPAs. Credential dilution can lead to a tumble in the closely watched U.S. News rankings, which can further reduce applications, setting in motion a vicious cycle.
So far, most schools seem to have opted for shrinkage. Most deans would prefer to be able to claim that they are taking a “stand for quality,” as Dean Patrick Hobbs of Seton Hall recently stated.
Interestingly enough, however, one top law school seems to be going in the other direction. It’s actually increasing the size of its incoming class over last year, even if doing so might lead to credential dilution….
* Biglaw’s billing bonanza: at least 12 firms are advising on the multi-billion dollar deals going on between Microsoft / Nokia and Verizon / Vodafone, and Simpson Thacher landed a seat on both. [Am Law Daily (sub. req.)]
* Standard & Poor’s is now accusing the Department of Justice of filing its $5 billion fraud lawsuit in retaliation for downgrading the country’s credit rating. Aww, we liked the “mere puffery” defense much better. [Reuters]
* The new ABA prez doesn’t think Obama meant what he said about two-year law degrees. He thinks it’s about cost. Gee, the ABA should probably do something about that. [National Law Journal (sub. req.)]
* Meanwhile, New York Law School wants to condense its offerings into a two-year honors program that comes complete with a $50,000 scholarship. Sweet deal if you can get it, but it sounds like most people won’t. [Crain's New York Business]
* Stewart Schwab, the dean of Cornell Law School, will be stepping down at the end of the academic year. The search for someone new to oversee the filming of amateur porn in the library is on. [Cornell Daily Sun]
* Crisis? What crisis? Nothing is f**ked here, dude. Amid plummeting applications, GW Law increased the size of its entering class by about 22 percent. The more lawyers, the better, right? /sarcasm [GW Hatchet]
* Jacked up! Attorneys for NFL player Aaron Hernandez got a stay in the civil suit accusing the athlete of shooting a man in the face until after the athlete’s murder charges have been worked out. [USA Today]
In our last story asking you to advise a law school applicant, the 0L in question was choosing between UVA, Northwestern, and Minnesota, which offered him scholarships of different sizes. You voted in favor of Northwestern, which offered him a generous scholarship, and he took your advice.
Today we bring you a doubleheader. Our first candidate wants to know whether she should go to law school at all, given the options she faces. Our second candidate is choosing between two excellent law schools, but with different price points….
Law school deans seem incredibly powerful. They seem like they have the power to reshape their law schools in their own ways. They seem like they’re in charge.
In reality, law deans spend much more time begging than ordering. They’re asking their university presidents to keep more of the revenue their schools generate. They’re trying to cajole tenured faculty who can’t be fired. They’re sniveling on bended knee to rich and powerful alumni. And if their law school drops in the U.S. News law school rankings, they’re likely to be discarded and replaced by somebody with a “new vision” for the law school.
I’m not crying for law school deans. They make an obscene amount of money, yet they’re not directly accountable to the students who fund their salary.
But they have a tough job. And when they don’t have the support of the faculty, they can wake up to find a big knife sticking in their back — a knife labeled “faculty lounge.”
This one law dean found that out the hard way, though he continues to deny that his law faculty essentially led a successful coup d’état….
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
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 six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.