You'll bump into more black people at the Indiana State Fair than you will at the Indy Law atrium.
If you had told me at the beginning of the week that something happening at Indiana School of Law – Indianapolis would turn into a three-day Above the Law story, I would have said, “No dude, I’m not going to race-bait the Jews during Passover.”
But it turns out that my powers of racial inflammation were not needed for this Indy Law story. A student writing as “Invisible Man” managed to stoke racial passions at the school simply by finding reverse racism where few others could: in the banners hanging in the law school’s atrium. Indy Law Dean Gary Roberts found the student’s objection essentially incomprehensible, but we haven’t actually seen the law school atrium, to judge for ourselves just how oppressive these banners of black people might be to the white students that make up 80% of the Indy Law student body.
Until now. Finally, tipsters send us photos of the atrium banners, to put this whole controversy into perspective. I hope you brought your magnifying glasses to work today…
Remember the hilarious So You Want To Go To Law School video? The genius behind it, Virginia lawyer David Kazzie, recently sat down with The Careerist to share the backstory behind the video (which was one of the 25 most-viewed videos last month in YouTube’s film/animation section).
So who is David Kazzie? And has he done other law-related videos?
I’m surprised this doesn’t happen more often. A student is demanding that his law school admit to scamming him out of money in open court.
And why? The student isn’t trying to recover tuition dollars directly from the school. Instead, the student is involved in the arduous process of trying to get his debts discharged through bankruptcy. As we’ve mentioned repeatedly, you can’t discharge student loans through the bankruptcy process absent a showing of undue hardship.
The student is named Kenneth Desormes. The school is Charlotte School of Law. And he wants Charlotte to admit what they did to him…
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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