Good news, everyone! Princeton Review — the other, other white meat U.S. News — has released its very own law school rankings. This year, we are treated to the Best 168 Law Schools Rankings. As usual, the rankings are divided into 11 categories filled with mostly nonsensical results. After all, where else will you find Cooley Law on a list for having the “Most Competitive Students”?
But nonetheless, in this kind of a down market, everyone’s been itching to see a rankings list of the law schools that will verily ensure graduates’ employability (except for the purposes of suing over employment statistics, of course). Honestly, why go to law school in the first place if as a result you’re only qualified to stock shelves at the local convenience store?
That’s why everyone breathed a sigh of relief when Princeton Review released its somewhat-ridiculous “Best Career Prospects” rankings list. Because any list that doesn’t include Yale is sure to be worth reading….
* Con law nerds, you can now check out the audio from the Supreme Court’s announcement of its ruling in the Affordable Care Act, a.k.a. the Obamacare case. [Oyez]
* What do the naked Kate Middleton pictures mean for modern privacy law? Other than the fact that all famous people should just become nevernudes, obviously. [LinkedIn]
* A judge blocked the controversial Pennsylvania Voter ID law, at least until election season ends. [WSJ Law Blog]
* Although law school application rates are falling across most of the country, application numbers have spiked at the extraordinarily prestigious Kansas University School of Law. Wait, what? [LJWorld]
* Oh lord, here we go again. Samsung sued Apple for patent infringement in the iPhone 5. Let’s begin round #72,354. Ding! [CNET]
I wonder if Todd Akin has some way of shutting this whole thing down, or is it that he secretly wants this?
It’s been a fun couple of days trying to figure out what Republican Senate candidate Todd Akin meant when he said, “If it’s a legitimate rape, the female body has ways to try to shut that whole thing down.”
Akin claims he misspoke. In a new political ad (look, if the guy doesn’t understand how women get pregnant, it’s probably going to take him a while to figure out how voters decide elections), Akin says: “Rape is an evil act. I used the wrong words in the wrong way and for that I apologize… The mistake I made was in the words I said, not in the heart I hold. I ask for your forgiveness.”
But what did Akin really mean when he tried to distinguish “legitimate” rape from the regular kind of “rape-rape” that seems to void a woman’s reproductive rights?
In these times when words are mean and hurtful, we tend to turn to Northwestern Law for guidance. The students at Northwestern Law have long taken their role as the PC Police very seriously. And so it shouldn’t surprise us that a Northwestern 2L is credited with main definition of “legitimate rape” on the incomparable resource of Urban Dictionary…
Ed. note: Your Above the Law editors are busy celebrating their freedom today (and we hope that you are, too). We will return to our regular publication schedule on Thursday, July 5.
* At this point, the Supreme Court’s dramatic deliberations on the Affordable Care Act are like a leaking sieve. Now we’ve got dueling narratives on Chief Justice Roberts’s behind-the-scenes flip-flopping. [WSJ Law Blog]
* Life, liberty, and the pursuit of fabulosity! The Department of Justice has asked the Supreme Court to grant cert on two DOMA cases, contending that Section 3 of the statute is unconstitutional. [Poliglot / Metro Weekly]
* A famous fabulist: according to California’s State Bar, disgraced journalist Stephen Glass is a “pervasive and documented liar,” but that’s not stopping him from trying to get his license to practice law. [Los Angeles Times]
* Clayton Osbon, the JetBlue pilot who had an epic mid-flight nutty and started ranting about religion and terrorists, was found not guilty by reason of insanity by a federal judge during a bench trial. [New York Post]
* After a month of bizarre legal filings, Charles Carreon has dropped his lawsuit against Matthew Inman of The Oatmeal. We’re hoping that there will be an awesome victory cartoon drawn up soon. [Digital Life / Today]
* Northwestern Law is the only American law school to have joined a 17-member global justice league geared toward legal teaching and research collaborations. But do they get cool costumes? [National Law Journal]
* UNC Law received two charitable gifts totaling $2.7M that will be used to fund tuition scholarships for current and future students. Maybe their students won’t have to create tuition donation sites anymore. [Herald-Sun]
* This law is for the birds (literally and figuratively). California’s ban on the sale of foie gras had only been in effect for one day before the first lawsuit was filed to overturn it as unconstitutional. [San Francisco Chronicle]
* The National Oceanic and Atmospheric Administration of the Department of Commerce recently announced that mermaids do not exist. Not to worry — it’s still legal to believe that Ariel is a babe. [New York Daily News]
* Dewey know how deep in the red D&L’s international operations were? Enough to make you shout bloody hell and sacré bleu: the U.K. and Paris offices had liabilities of at least $175M. [Financial Times (reg. req.)]
* “To the extent that we the estate have claims, we would like to settle those claims sooner rather than later.” The joke’s on you if you thought you’d be able to keep your Dewey defector money. [Wall Street Journal (sub. req.)]
* According to the allegations in former Cravath associate Ellen Pao’s sex discrimination suit against venture capital firm Kleiner Perkins, the “Mad Men” culture seems to be alive and well in Silicon Valley. [New York Times]
* Who will be the first to puff, puff, pass the vote — Obama or Romney? It looks like the path to the White House in Election 2012 might depend upon the legalization of marijuana in key states like Colorado. [Reuters]
* Apparently you can’t take the “duh” out of “Flori-duh” when it comes to voting laws without a fight in the courts. A federal judge has blocked portions of the Sunshine State’s “onerous” voter registration law. [Bloomberg]
* “People want to go to our school, and why should we say no?” Because they can’t get jobs? Northwestern Law is considering shrinking its class sizes; John Marshall Law, not so much. [Crain's Chicago Business]
* Stop crying about coming in second in the U.S. News rankings, Harvard, because you can still brag about beating Yale in having the most-cited law review articles of all time… for now. [National Law Journal (reg. req.)]
* Gloria Allred is representing one of the Miami “zombie’s” girlfriends for reasons unknown. Maybe the zombie apocalypse is truly upon is and she saw an opportunity to stand up for undead women’s rights. [CBS Miami]
* Obamacare’s individual mandate may be in jeopardy, and it’s all because of that stupid broccoli debate. No, Scalia, as delicious as it is, not everyone would have to buy broccoli. [New York Times]
* Biglaw firms aren’t going away, but thanks to the recent onslaught of partner defections to small law firms, their high hourly rates might soon be going the way of the dodo. [Corporate Counsel]
* The “good” news: Northwestern Law will be limiting its tuition hike to the rate of inflation. The bad news: next year, it will cost $53,168 to attend. I officially don’t want to live on this planet anymore. [National Law Journal]
* A Littler Mendelson partner is recovering from a stabbing that occurred during a home invasion. On the bright side, at least he’s not a partner at Dewey — that’s a fate worse than being stabbed these days. [Am Law Daily]
* Law school applicants are dropping like flies, but some law schools were able to attract record numbers of students. UVA Law must have some real expertise in recruiting collar poppers. [The Short List / U.S. News]
* “I have a suggestion for you; next time, keep your [expletive] legs closed.” O Canada, that’s the basis of one crazy class action suit, eh? Dudley Do-Right would never treat a female Mountie like that. [Globe and Mail]
Over the weekend, a Northwestern 3L was hit and killed by an allegedly drunk driver in downtown Chicago.
The student was crossing the street to get a late-night snack when a woman hit him. She continued driving — at one point going the wrong way down a one-way street — until police noticed the extensive damage to the front of her car and pulled her over.
This is not the kind of story we like to write here at Above the Law. But keep reading for details on the student whose life was cut too short….
Last week, we received our 4,000th response to the ATL School & Firm Insider Survey. (Please take it here, if you haven’t yet). Approximately half of our respondents are current law students, and in the wake of the U.S. News rankings release and the resultant hullabaloo, we thought it would be interesting to compare how the vaunted T14 stack up based on our own survey feedback.
The ATL survey asks students to rate their schools in five different categories:
Quality of faculty and academic instruction;
Practical / clinical training for the practice of law;
Career counseling and job search help;
Financial aid advising; and
After the jump, we’ll look at how the elite schools compare….
Our ongoing ATL School & Firm Insider Survey (take it here!), asks current law students, among other things, “What do you expect to do after you graduate?” A whopping 71% tell us that they expect to work for a firm. (This percentage was consistent across class years.) That this proportion is so high, and so at odds with the NLJ findings, can mean some combination of two things:
The ATL student readership skews heavily toward that minority of students who will actually snag Biglaw gigs.
Many (if not most) expectations of law firm employment will be dashed against the reality of a contracting job market. In other words, a majority of students think they are in the fortunate minority
After the jump, we’ll look at how wide the gap between student expectation and market reality is, even at the “go-to” schools:
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
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: