In a time of rising tuition prices and declining job prospects, looking at the value proposition of going to law school is more important than ever. For the second year in a row, the National Jurist has named the 60 best value law schools in its preLaw magazine. From these 60 schools, it has further honored the top 20 value schools (unranked for now, but to be ranked, one through twenty, in October).
For the second year in a row, the methodology used to formulate these rankings needs to be much better if anybody is going to pay attention. The National Jurist recognized law schools as “best value” schools if they met four criteria:
1) their bar pass rate is higher than the state average;
2) their average indebtedness is below $100,000;
3) their employment rate nine months after graduation is 85 percent or higher; and
4) tuition is less than $35,000 a year for in-state residents.
We’ll get to naming the top 20 in a minute. First, we need to break down these inputs — inputs that could have been so much better and more relevant…
It’s been ten days since I last logged on to “the internet.” Ten days since I picked up a newspaper or let the dancing visions on MSNBC poison my mind. Ten days since I’ve tapped into the 140-character pulse of the world.
While I’ve had my head in the sand, it appears that the mainstream media is once again trying to get a handle on what’s happening in the legal profession. Sunday’s report in the Newark Star-Ledger isn’t breaking news to regular Above the Law readers, but it is an indication that media attention on how law schools conduct their business is intensifying, if ever so slightly:
As they enter the worst job market in decades, many young would-be lawyers are turning on their alma maters, blaming their quandary on high tuitions, lax accreditation standards and misleading job placement figures. Unless students graduate from schools like Harvard or Yale, they “might as well be busing tables,” Bullock said.
Earlier this month, we asked, “How much would you pay somebody to give you a job?” The question was sparked by a lawyer in Manhattan who posted a Craigslist ad offering up $1,000 to anyone who could help him nail down a legal position. He said he would pay it in cash — $200 for an interview, and $800 on his first day of work.
Well, a Florida lawyer is raising the ante. He’s quintupling it actually. The UC-Hastings Law grad is running a “Find Joe a Job” contest. The winner will take home $5K…
We’re at NYLS and I’m in an argument with my friends for resumes for interviews with law firms.
I’m a member of MENSA and I think it’s okay to put “Member, MENSA” under my interests on my resume. Some of my friends say it’s not okay. What do you think?
– Smarter Than the Average Bear
Dear Smarter Than the Average Bear,
Let’s just cut to the chase here: listing “Member, MENSA” on your résumé is incompatible with attending New York Law School. If you don’t have the IQ or EQ to realize that, somebody needs to revoke your MENSA membership immediately and slash your tires with a Phi Beta Kappa key pin…
Ah, Craigslist — grand repository and central clearinghouse for crappy legal jobs. The job postings, seeking expensively-trained lawyers at wages that a Starbucks barista would find insulting, just keep on coming.
The latest laughable listing — which brings laughter, but also tears — comes from Chicago:
We are looking for a recent law school graduate to assist in our busy litigation practice. The position allows you to work with and learn from experienced litigators but also requires a great deal of administrative and clerical work. The successful candidate will work directly with an attorney and be intimately involved with every aspect of the day to day litigation process. This is an excellent opportunity to acquire a great deal of marketable experience in a short period of time.
The position is full time and pays $10.00 per hour. Please forward a resume if interested.
One tipster’s incredulous reaction: “Ten dollars an hour for law graduates who have taken the bar? This is in the Chicago legal market, of all places!”
Meanwhile, in D.C., there’s a Craigslist posting for summer associates who like to get screwed more literally than figuratively….
As of this writing, Ethan Haines, writer of the UnemployedJD blog, has gone 32 hours without food. I think the kid might be joking, but Haines said he is going on a hunger strike — to convince law schools to be more transparent about the employment options of graduates, before the schools rope them into three years and six figures of debt.
He’s even served official notice of his hunger strike on five law schools, and he’ll put five more on notice today. From his self-styled media advisory:
On August 5, 2010, Ethan Haines, self-designated J.D. Class Representative, emailed an Official Notice of Hunger Strike to administrators of ten randomly selected law schools ranked in the Top 100 of the 2010 U.S. News & World Report’s annual rankings. These schools were selected because they stand to gain the most from keeping the current rankings structure in place.
Ethan intends to bring awareness to the concerns of law students and recent law graduates by having them addressed by law school administrators. Their primary concerns are inaccurate employment statistics, ineffective career counseling, and rising tuition costs. The strike was motivated by a recent American Bar Association (ABA) investigate Report, which concluded that educational leaders are unable to timely combat the adverse affects of U.S. News’ rankings on legal education.
It’s a worthy cause, even if Haines’s methods seem a little tongue-in-cheek. At the very least, unemployed law graduates with mountains of debt don’t have a lot of spare money lying around for food. Might as well put all those hunger pains to good use.
And maybe he’s not joking? Like all legitimate hunger strikers, Haines has a list of demands…
Well, it was only a matter of time before the lawyers started to go where the work is. And, if you’ve been paying attention, you know that the work is in India.
Western-trained lawyers are heading to India, to manage the country’s burgeoning legal outsourcing resources. From the New York Times (gavel bang: WSJ Law Blog):
India’s legal outsourcing industry has grown in recent years from an experimental endeavor to a small but mainstream part of the global business of law. Cash-conscious Wall Street banks, mining giants, insurance firms and industrial conglomerates are hiring lawyers in India for document review, due diligence, contract management and more.
Now, to win new clients and take on more sophisticated work, legal outsourcing firms in India are actively recruiting experienced lawyers from the West. And U.S. and British lawyers — who might once have turned up their noses at the idea of moving to India or harbored an outright hostility to outsourcing legal work in principle — are re-evaluating the sector.
Mumbai to 8,743,800 rupees? Not quite, not yet at least…
Are there any cynics out there who are sick of all this good news about how the legal economy is recovering? Hell, even a supposed teen porn purveyor is counting on a full recovery sometime in the near future.
If all this happiness and roses makes you feel a little bit ill, look no further than Craigslist for your daily dose of sadness. Check out this out, it’s the saddest kind of barter deal…
Back in April, we reported on an admirable organization called Law School Transparency. The goal of LST: “encouraging and facilitating the transparent flow of law school employment information.”
Given what’s typically at stake — three years of your life, and six figures of cash (or student loans) — the decision to attend law school is an important one. There’s a case to be made in favor of law school, and there’s a case to be made against it. (For the case against, see pretty much any post about law school by my colleague, Elie Mystal, or any of the bloggers on this blogroll.)
Regardless of the ultimate outcome, the decision should be made based on accurate and complete information. And that information should include data about employment outcomes for graduates of a given law school. If I get a J.D. from law school X, what kind of job can I expect to obtain?
This is where Law School Transparency (LST) comes in. What is LST doing to advance the ball in reporting employment data from law schools?
A reader drew our attention to a mildly amusing “help wanted” ad on Craigslist. Says our source: “Now that I’m a lawyer myself, who previously worked for an a**hole boss, I find this ad for a new legal assistant pretty funny. You can tell he thinks his boss is an anal-retentive douche, but doesn’t know how to say that.”
“I also like that he wants the applicant to send a photo and résumé but redact all personal information except the phone number — isn’t the entire résumé personal info? Also note the e-mail address…. Anyway — enjoy.”
When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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: firstname.lastname@example.org.
We currently have a very exciting and rare type of in-house opening in China at one of the world’s leading internet and social media companies. Our client is looking for an IP Transactional / TMT / Licensing attorney with 2 to 6 years experience. The new hire will be based in Shenzhen or Shanghai. Mandarin is not required (deal documentation will be in English) but is preferred. A solid reason to be in China and a commitment to that market is required of course. This new hire will likely be US qualified (but could also be qualified in UK or other jurisdictions) and with experience and training at a top law firm’s IP transactional / TMT practice and could be currently at a law firm or in-house. Qualified candidates currently Asia based, Europe based or US based will be considered. The new hire’s supervisors in this technology transactions in-house team are very well regarded US trained IP transactional lawyers, with substantial experience at Silicon Valley firms. The culture and atmosphere in this in-house group and the company in general is entrepreneurial, team oriented, and the work is cutting edge, even for a cutting edge industry. The upside of being in an important strategic in-house position in this fast growing and world leading internet company is of the “sky is the limit” variety. Its a very exciting place to be in China for a rising IP transactional lawyer in our opinion, for many reasons beyond the basic info we can share here in this ad / post. This is a special A+ opportunity.
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