Everything is down because three-quarters of law schools are uncertain about their enrollment and therefore they are less likely to invest in professors. Schools are spending huge amounts more on financial aid to get the student body they want. That’s money that can’t be spent to hire permanent faculty.
* … While John Mara, owner of the WORLD CHAMPION New York Giants, simply revises history. [Forbes]
* Alan Dershowitz received a “D” on his first legal writing assignment. Apparently, his Yale Law School professor, the great Guido Calebresi, told him, “You write like you’re having a conversation with your friends in Brooklyn,” and then helped him work on his technique. Little did Calebresi or Dershowitz know that writing like you’re having a conversation with friends could lead to a successful life as a legal blogger. Boy, did they miss out! [Yale Alumni Magazine]
* Kenny Heitz, an Irell & Manella partner and former UCLA basketball champion, passed away. [Daily News]
Harvard Law School professor Laurence Tribe foresaw the Obamacare Tax Holding, and we’ve got video evidence to prove it….
We know that tuition keeps going up at American law schools. And, for the most part, we know where the money goes. Law schools use tuition money and alumni donations to fund capital projects and law professor salaries. And, at some schools, the law school kicks back some money to the larger university. Law schools are cash cows, and everybody likes money.
Who is to blame for this? It’s hard to say. I tend to blame the American Bar Association, since the ABA is one of the few entities with regulatory authority over legal education (some law students are trying to get the Department of Education involved).
If the ABA will not act, it’s only natural for people to make as much money as possible, with reckless disregard to who gets trampled along the way. But one can find other culprits if you look hard enough. You could blame law school administrators, who are more concerned with money than education. You could blame the students themselves, for willingly forking over all of this cash. You could blame the federal government, for seemingly giving away money without making sure the taxpayers are getting a return on their investment.
But you know who you shouldn’t blame? Law school faculty. That’s right — they might get fancy new buildings and make six-figure salaries, but it’s not really their fault that the cost of a legal education has outstripped its value.
Who among us would not take more money and more perks for doing our same job?
As David Lat said earlier this week, “Here at Above the Law, we’re trying to help you.” Honestly, think of Above the Law as the MPRE, but for situations people in the legal community are actually likely to face. Don’t conduct sensitive firm business on a crowded train. Don’t offer hand-jobs in school-wide emails.
And here’s a good one: don’t reuse exam questions just because you are teaching at a different law school. It’s called “the internet,” professors. Your students have access to it and can find your old questions. If you put in just a little bit of work, you can come up with entirely new exam questions.
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.
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!
The legal industry is being disrupted at every level by technological advances. While legal tech entrepreneurs and innovators are racing to create a more efficient and productive future, there is widespread indifference on the part of attorneys toward these emerging technologies.
When the LexisNexis Cloud Technology Survey results were reported earlier this year, it showed that attorneys were starting to peer less skeptically into the future, and slowly but surely leaning more toward all the benefits the law cloud has to offer.
Because let’s face it, plenty of attorneys are perhaps a bit too comfortable with their “system” of practice management, which may or may not include neon highlighters, sticky notes, dog-eared file folders, and a word processing program that was last updated when the term “raise the roof” was still de rigueur.