* An anonymous Twitter account wreaks havoc on UK law students. One Tweet: “#LawTips: edit the Wikipedia page after copying it to avoid plagiarism.” Here’s a pro tip: if you’re copying Wikipedia for law school, you’re doing it wrong. [Legal Cheek]
* How out of control is tuition? At 26 law schools, recent graduates with $160,000 in annual income are STILL eligible for the federal IBR program intended to relieve the debt burden on impoverished students. [Constitutional Daily]
* You’d think the Republicans would be all for funding scientific endeavors to prove that rape victims in the animal kingdom “have ways of shutting that down.” [Jezebel]
* UNLV Law Dean Nancy Rapoport takes issue with Professor Derek Muller’s ranking of “Career Baristas” out of law school. If there was one dean who was going to know the statistical angles, it was going to be the one in Las Vegas. [UNLV Law Blog]
* Ever wanted to watch video of the folks from Lawyers, Guns & Money discussing Game of Thrones? Sure you have! And that’s why we invented jumps…
Another day, another post about the latest batch of U.S. News law school rankings. It’s been a while since we last wrote about them, and we figured you might be experiencing some sort of withdrawal, so we’re here to deliver you another much-needed dose of rankings crack. Perhaps you can consider this our Curtis Mayfield moment — we’re your pushers.
Given that our readers think employment outcomes are the most relevant factor for a law school ranking system, today we’re going to be delving into all of the employment statistics that were used in the most recent rankings, with the assistance of a Pepperdine law professor.
Which law schools had the most graduates employed as lawyers? How about the law schools where the closest graduates have come to being employed at the bar are working as baristas and bartenders?
* We have a new pope. Pope Francis I has no involvement with the sexual abuse scandals surrounding the Church, but has had other legal troubles in his past. [Los Angeles Times]
* UNLV Law Dean Nancy Rapoport schools other deans on drafting press releases about the U.S. News rankings. [Nancy Rapoport's Blogspot]
* Lend your support to this new project to create Oyez-style audio/video archives of state Supreme Court proceedings. This will be really helpful, but I’m holding out for audio/video of Wade McCree’s courtroom. [Knight News Challenge]
* If you’re mad that your name comes up when people Google “erectile dysfunction,” filing a public lawsuit over that fact isn’t the answer. [IT-Lex]
* Charter schools are lame because the crazy people running them teach whatever they want, like this one that teaches students that hippies were dirty. Well, okay, that’s not actually untrue, but the system’s textbooks have other faults, like explaining how the KKK was just misunderstood, y’all. [Lawyers, Guns & Money]
* Man loses his memory after car crash-induced head trauma, decides to become a lawyer. I’ve always said would-be lawyers should have their heads examined. [BBC News via Legal Cheek]
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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