We know that our readers simply cannot get enough of these employment rankings, so we decided to bring you some more. This time, we’ll be taking a look at the law schools that people dream of attending: the 14 most elite schools in the nation, more commonly known among the legal community as the T14. Everyone knows that graduates of these fine institutions are able to get jobs — in fact, many of these schools are able to boast “employed at graduation” rates of over 90 percent.
But some graduates from these hallowed halls experience the same problems as those of their brethren from the lower echelons of law schools. Not everyone has the luxury of being able to find full-time, long-term employment as lawyers, not even graduates from the best-ranked law schools in country.
Wouldn’t you like to see which top law school has the highest percentage of underemployed graduates? Give me your tired, your poor, your huddled T14ers….
In case you haven’t noticed by now, law students tend to be an overly dramatic bunch. If something inconveniences them, their lives have been ruined. If they don’t immediately get their way, they’ll storm off to Change.org and write a petition about it. And if something bad happens to them and they’ve got access to a school-wide listserv, then my God, abandon all hope ye who open that email.
Around these parts, we’re prone to calling these people “Millennials” — the special little snowflakes who’ve been raised to believe that they can do no wrong. That’s why we love it so when one of them gets smacked down by one of their more cynical peers.
Earlier this week, an enraged student from a T14 law school sent out a fiery email to the entire school because oh nooooes, someone had stolen her lunch, which is obviously the worst thing that’s ever happened in this chick’s life. But we’re kind of happy that this most awful event occurred, because the reply email is absolutely fabulous….
Understand, I would force people to use this calculator from a desire to do good.
The University of Michigan Law School has created something beautiful. It’s a tool forged by the explosive union of “facts” and “math.” It’s a vision of a future where law students actually know what they’re getting into before they go to law school. It’s not perfect, but I feel as if I’ve just looked up at the first light on the fifth day, and seen something brilliant.
Law school is a ‘debt wizard’ — it’ll make your money disappear like magic!
* In the nick of time, lawyers for the Obama administration filed a brief with the Supreme Court urging the justices to strike down California’s ban on gay marriage. Let’s hope their views have evolved. [BuzzFeed]
* As the lawyers and administrative staff who just got laid off at Patton Boggs can attest to, it sucks to be on the wrong side of “rightsizing.” We’ll have more on this developing story later today. [Reuters]
* Lanny Breuer is leaving the DOJ today, and he’s doing it with a bit of “swagger.” He’s shrugging off rumors that he’ll retreat to Covington, insisting he’ll interview at many firms. [DealBook / New York Times]
* It’s time for the changing of the guard over at Milbank Tweed. Mel Immergut, the longest serving chair of any Am Law 100 firm in New York, is passing the reins to Scott Edelman. [New York Law Journal]
* Michigan Law has a new “Debt Wizard” program that’s extremely useful in that it will allow you to see what you’re getting yourself into. Or, in my case, how poor I’ll be for the rest of my life. Yay! [National Law Journal]
* All he wanted to do was “make the world a better place,” but that didn’t work out so well. In a plea deal, Bradley Manning pleaded guilty to 10 of the charges against him in his WikiLeaks case. [Los Angeles Times]
* Of all of the words that are used to describe Cory Booker, one of them is now “matchmaker.” The Newark mayor assisted a young Seyfarth Shaw associate with his engagement proposal earlier this week. [TIME]
Now that we’re done yelling at all the law professors in America who couldn’t bother to submit grades for their classes in a timely manner, it’s time for our other semi-annual tradition of covering total grading screw-ups by esteemed legal academics. Exam period isn’t truly over until at least one professor adds to the misery of current law students in some odd way.
The screw-up in this instant case is a doozy. We’re looking at a large 1L class, a massive administrative failure, and a loss of privacy for the students.
You know your screw-up is noteworthy when the official administrative “solution” to the problem is “wait, don’t read that email…”
* Eric Holder has agreed to serve once more as attorney general during President Barack Obama’s second term, but he still plans to leave at some point — after all, he’s no “Janet Reno of the Justice Department.” [Blog of Legal Times]
* AIG will not join the lawsuit against America. To put that in terms that should be just as outrageous, former AIG CEO Hank Greenberg is still suing America. [Washington Post]
* For those who care about Biglaw firms and the landlords who love them, fear not, because there’s a whole lot of moving and shaking in terms of commercial real estate deals for Arnold & Porter, Goodwin Procter, and Sidley Austin. [Am Law Daily]
* Jacoby & Meyers scored at the Second Circuit: its attack on New York’s ban on non-lawyer firm ownership was reinstated. Soon Walmart will own a firm with “Low Prices. Every day. On everything.” [Bloomberg]
* Who’ll step in to fill Evan Caminker’s $400,000+ shoes as the next dean of Michigan Law? None other than Mark West, who’d like to improve financial aid and loan repayment programs. [National Law Journal]
* Gun nuts, commence your rioting… now. If passed, Governor Andrew Cuomo’s sweeping gun-control proposal would make New York the state with the strictest gun laws in the country. [WSJ Law Blog (sub. req.)]
* Speaking of needless gun violence, by Friday, we’ll know whether there’s enough evidence to move forward with a trial for James Holmes, the accused shooter in the Aurora movie theater massacre. [New York Times]
[S]chools don’t have to go so far as to declare such specifics to the world as having a sheep farmer and a professional poker player in their graduating class to make some salubrious steps toward being a bit more forthcoming.
– Sarah Zearfoss, Michigan Law’s Senior Assistant Dean for Admissions, Financial Aid, and Career Planning, commenting on the need for increased transparency in the employment statistics law schools present to prospective students who peruse their websites.
It’s been quite some time since we’ve had the opportunity to openly mock Michigan law students. Well, actually, that’s not entirely true — after all, we did pass judgment on their so-so performance on their own state’s bar exam. But thankfully, these kids have given us another chance to chuckle at their expense.
Remember that not-so secret society they had? You know, the one that tried to prank the campus community by putting sheets with sloppy penmanship up on the roofs of the residential dorms? That was a total fake fraternity fail. But now we’ve got a “real” fraternity fail for you to feast your eyes upon.
It appears that students at Michigan Law are trying to re-live their college glory days of coolness (or pretend that those days existed in the first place) via one of their law fraternities. It’s actually kind of cute, because they think it should be like a real fraternity, complete with insane initiation rituals….
(Plus, check our our update with some relevant information from a current member.)
Was one of the essay questions “design an American truck that runs on candy and rainbows but still has enough power to make a Texan feel better about his small penis”? Because that would be a hard question. And it would explain the abysmal bar passage rate achieved by test takers on the July 2012 Michigan bar exam.
The people who took the Michigan bar exam passed at a rate as if all of them went to Cooley. Okay, it wasn’t that bad, but it was still pretty bad. The bar passage rate for the state was 55 percent. Tipsters and commenters contend that those ridiculous numbers are due to a change in scoring the essays, but the Michigan Bar hasn’t released an official reason for the low rates.
Hell, maybe they want it this way. One way of slowing the saturation of the legal market is to make it a harder market to enter.
Let’s take a look at a school-by-school breakdown…
There is not a single member of this Court, at a single time, who has made a decision, who has cast a vote, based on do I like this president, do I not like this president … will this help the Democrats, will this help the Republicans? It is just not the way any member of the Court thinks.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: