Throughout the past few weeks, several law schools have been hit hard by the realities of the market for legal education — there have been faculty layoffs and buyouts galore. We suppose this is what happens when people stop applying to law school in droves. Rather than offsetting the financial losses by charging higher tuition, most schools are “rightsizing” themselves by cutting faculty positions they deem unnecessary, a big blow to those ivory-tower elites who believed their jobs were secure.
But because nothing in the legal profession is very secure anymore, today we’ve got news of layoffs from a public law school facing major budgetary issues thanks to a gigantic funding gap across the entire university system.
Which law school could it be? Keep reading to find out…
* “Those who support limits see the court right now as the T. rex from ‘Jurassic Park.’” Folks are pretty worried even more campaign finance laws will fall thanks to the Supreme Court’s ruling in the McCutcheon v. FEC case. [New York Times]
* Skadden Arps and Simpson Thacher are at the top of their game when it comes to mergers and acquisitions. Both firms did very well in new deal rankings released by Bloomberg, Mergermarket, and Thomson Reuters. Nice. [Am Law Daily]
* Former Massachusetts senator Scott Brown has reportedly ditched Nixon Peabody to try his hand at a U.S. Senate run in New Hampshire. We hope he doesn’t lose his shirt again. Oh wait… [Boston Globe]
* As it turns out, the book in the Harvard Law library once believed to be bound in human skin is actually bound in sheepskin. Congrats, this is slightly less creepy. [Et Seq. / Harvard Law School Library Blog]
* Celebrity chef Nigella Lawson was turned away from a flight to the U.S. after her admission to coke usage in a trial. She should probably stop sticking her nose in other people’s business. [The Guardian]
What kind of people call their law school library the “lawbrary”? It’s sounds like something Matthew McConaughey would come up with.
Sorry, let me back up. In the eternal fight for university library space, law students are the lions, and undergrads are the hyenas. Law students are stronger, but the sheer relentless numbers of undergraduates can force law students out of their precious study carrels.
Usually, law students bitch about this amongst themselves (or to Above the Law). But at one school, a 2L wrote a whole article in the undergraduate newspaper about it. I’m sure most of Gator-nation responded: “Y U MAD, BRO?”
Ed. note: This is the latest installment in a series of posts from the ATL Career Center’s team of expert contributors. Today, Alison Monahan shares some practical advice for new law students.
There’s a ton of (virtual) ink being spilled these days over what to do as a new law student. Everything from “buy all your books and read ahead” to “hire a tutor to explain the Rule Against Perpetuities.” (I only wish I was making that last one up. For the record, don’t do it.)
Since I don’t like to be boring, here are a few less obvious things you can do, to make your life easier and better later on. Trust me, I learned most of these the hard way!
1. Set up automated backups on your laptop. Seriously, if you only do one thing before law school starts, do this. Have you ever lost years of work in a hard drive crash? It’s a nightmare. Imagine you’re a week from exams, and your computer dies, taking EVERYTHING you worked on all semester with it. DO NOT let this happen to you. Go to Dropbox right now, and sign up for the free version. Make a folder called “Law School” and add it to your Dropbox. Save every file you create in law school there. Presto, problem solved. You can thank me later. (I don’t care if you use Dropbox, but it is really easy. Use whatever you like, but do something. I’m paranoid enough now that I back up to Dropbox and to an external hard drive, but that’s probably overkill.)
We’re here folks. With the bar exam a couple of weeks away we are officially in that special time of year where any young person with law books should be given a very wide berth. Do not make any sudden movements around people studying for the bar. Do not make direct eye contact with them. Do NOT touch their snacks and sodas, you can lose a finger that way.
And, for the love of God, don’t mess with their study areas in the library. Can you smell it? They’ve been there for days. They’ve urinated around their study carrels to mark the territory as theirs — and also because they don’t want to waste time going to the bathroom. If you happen to see a study area that is momentarily unattended, do not take it. Bad things will happen to you.
Especially in Brooklyn, as this unsuspecting student found out the hard way…
Whether they like it or not, law students need to be very flexible; after all, they’re preparing themselves to some day bend over backwards for Biglaw partners. By way of example, just take a look at law school finals. This time of year tends to put students into some pretty awkward positions. From going shirtless in the library to sleeping with a classmate — for an outline, obviously! — law students are willing to do just about anything to make the grade.
But just how far can a law student bend before she breaks?
Ed. note: This is the second installment of The ATL Interrogatories, brought to you by Lateral Link. This recurring feature will give a notable law firm partner an opportunity to share insights and experiences about the legal profession and careers in law, as well as about their firms and themselves.
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.