Law school students are becoming more and more vocal about the myriad unresolved problems with the law school industry. Things are getting so bad that yesterday, a Rutgers student (and former Navy SEAL) got into a shouting match with Governor Chris Christie about the Rutgers merger drama.
Something has got to break soon. Right?
If Above the Law’s 2011 Lawyer of the Year Paul Campos has anything to say about it, the answer is a definite “yes.” And he has a drastic idea for fixing what he would call the “law school scam.” It all starts at Stanford University, where he visited earlier this week to talk about his idea.
What did Professor Campos have to say? Does “30 percent unilateral tuition cut” mean anything to you?
Yesterday, we told you about the racial tension gripping Harvard Law School as they prepared to elect a new student government president. And by “gripping,” I mean “annoying the hell out of the HLS students who are trying to study.”
Despite calls to postpone yesterday’s election, the balloting proceeded as planned. We also invited Above the Law readers to vote for the new Harvard Law student leader.
It seems like both communities are in agreement. Cloying d-bags who throw around allegations of racism and impropriety have no business securing open bar events for thirsty law students….
For the first black president, Barack Obama doesn’t really talk a lot about race. People talk about his race all the time, and once again it’ll be a critical factor in the campaign, but the president himself doesn’t often wade into racial controversies.
But the excellent people at Buzzfeed have hopped into the waaaay-back machine and uncovered video of Obama speaking eloquently about a racial controversy while he was president of the Harvard Law Review.
It’s a fun video, not just because of the content, but because it turns out that 20 years ago, Obama sounded exactly the same.
And as Huffington Post reporter Mike Sacks just gchatted me (and tweeted), Obama did this one without a teleprompter…
There’s something special about racism that comes out of Cambridge. I can’t quite put my finger on it, but it’s almost like a stylized racism. Like, if it happened at Duke you’d just say “racism at Duke,” but when it happens at Harvard, you feel like saying, “A racial hypothetical puzzles the HLS community; stay tuned to see which professor makes it worse.”
Today we’ve got another weird racial story covered in crimson. It’s set against the backdrop of the student government elections at Harvard Law School that may take place later today — an event that I can’t imagine more than ten people on campus truly care about. But there are minority-on-minority accusations of racism, and the one white guy is just running to prove that he shouldn’t be allowed to run.
And, clear as I can tell, the catalyst was one breathless Harvard Law School Record article that kind of threw around allegations of racism just for the heck of it.
Are we going to tell you a little bit about the issues, so you can then vote on Above the Law for the next SBA president at HLS, in the hope that your votes might influence the election? Of course we are!
Our ongoing ATL School & Firm Insider Survey (take it here!), asks current law students, among other things, “What do you expect to do after you graduate?” A whopping 71% tell us that they expect to work for a firm. (This percentage was consistent across class years.) That this proportion is so high, and so at odds with the NLJ findings, can mean some combination of two things:
The ATL student readership skews heavily toward that minority of students who will actually snag Biglaw gigs.
Many (if not most) expectations of law firm employment will be dashed against the reality of a contracting job market. In other words, a majority of students think they are in the fortunate minority
After the jump, we’ll look at how wide the gap between student expectation and market reality is, even at the “go-to” schools:
Which law school helped her land a fabulous Biglaw job?
The general economy started to turn around last year, but the legal job market remains sluggish. In 2011, many top law schools sent fewer graduates into first-year associate jobs at the nation’s largest 250 law firms than they did in 2010. That’s the bottom-line finding of the National Law Journal’s annual survey of which schools the NLJ 250 firms relied on most heavily when filling first-year associate classes.
The results of the survey should be interesting to current law students and law firm attorneys. And they’re of possible practical import to prospective law students who are now choosing between law schools (or deciding whether to go to law school at all, based on a cost-benefit analysis that pits tuition and student loans against post-graduate job prospects).
So let’s look at the top 10 law schools, ranked by the percentage of their 2011 juris doctor graduates who landed jobs at NLJ 250 firms (i.e., “Biglaw”)….
* How can you tout your achievements in a cover letter without sounding like a tool? Here are some pointers from Professor Eugene Volokh. [Volokh Conspiracy]
* The “unbundling” of legal services is a big buzzword when talking about the direction of the profession. But Jordan Furlong has a question: should lawyers and law firms start thinking about “rebundling”? [Law21.ca]
Last Thursday, we opened our ATL Firm & School Insiders Survey and so far, so good. We’ve heard from students at nearly 100 law schools and lawyers at about 200 firms. As previously noted, this survey is one of the first data-gathering tools we’ll be using to create a new, expanded ATL Career Center. While we’re pleased with this initial response, of course we encourage all of you who haven’t yet to take 3-5 minutes and head over here to take our absolutely confidential survey. Thanks in advance.
To all non-law firm attorneys: thanks for your insight regarding your law school alma maters. Please know that we are looking forward to asking about your professional experiences soon, whether they be in government, non-profit, in-house, academia or elsewhere.
As our data accumulates, we look forward to slicing and dicing it in myriad ways, in order to find patterns of interest to our readership, but more importantly, for useful insights for anyone researching legal education and careers.
After the jump, we share a handful of early trends in the survey data:
The new face of Harvard Law School has a funny side.
This week, Harvard Law School unveiled its brand new Wasserstein Hall — a behemoth of a law building that will serve the needs of Harvard law students for generations, maybe even centuries. I was not invited to any of the gala events; my invitation must have been lost in the mail. But I can’t wait to see the finished product. Rumor has it that there’s a state-of-the-art debtor’s prison carved into the building’s foundation.
Obviously, a project of this magnitude required a major fundraising effort. Harvard has never been shy about naming things after big donors. Remember, the university itself is named after a guy who made one of the wisest donations of books ever. Wasserstein Hall contains the Caspersen Student Center, and enough commemorative plaques to fill a plaque store.
The building also contains the Falik Men’s Room.
No, I didn’t make that up. I’m not that clever. I’ve got pictures. I’ve even talked to the benefactor who made the gift….
Otunga’s been flexing his muscles in the ring since 2008, but our tipsters were unimpressed, noting, “From Harvard Law School to I Love New York to the WWE. Unfortunately the next stop is probably porn.” Well, sorry to disappoint you, but Otunga hasn’t signed up for his porn industry debut just yet. Instead, he took a momentary break from wrestling to make his return to the courtroom.
Was he able to lay down either of his finishing moves (the Verdict and the Case Closed) to pull out a win?
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: email@example.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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