Prestige

Several prominent judges, like Richard Posner (left) and Alex Kozinski (right), hire 'off-plan.'

Over the weekend, we mentioned a very interesting New York Times article on the chaotic state of the clerkship application process, and said we’d have more to say about it later. Well, now is later, quite a bit later — so let’s discuss.

The piece — by Catherine Rampell, who has written about the legal world before — paints a depressing picture of a dysfunctional system. Rampell reports that the clerkship process “has become a frenzied free-for-all, with the arbiters of justice undermining each other at every turn to snatch up the best talent.”

Let’s look at the reasons behind this, and discuss whether the process can be fixed….

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Many prominent people, including Chief Justice John Roberts and Judge Harry Edwards, have raised their voices about the increasing irrelevance of academic writing to practicing lawyers and judges. Yet, despite railing at the academy, those judges — and law firms, and sophisticated purchasers of legal services — all rely on the academics to identify talented lawyers. Law schools brand the beef, and purchasers buy based on the brand. What do I mean, and why is that process natural and appropriate?

Let’s start with an example for people coming right out of law school: How should judges pick law clerks? One way — perhaps even the “fair” way — would be for judges to assume that each of the 45,000 people graduating from law school is equally likely to make a fine clerk. Judges would solicit applications from all 45,000 and then start the process of sorting the good from the bad.

That cannot work, of course. Judges don’t have the resources (or, necessarily, the ability) to study transcripts, read writing samples, conduct interviews, and do the other spadework needed to assess all of those candidates comprehensively. And judges can’t externalize the cost of the screening process; there’s no person or institution that would play that role for an acceptable price.

What are judges to do? They rely on law schools to brand the beef.

Rant as they may about scholars producing unhelpful scholarship, most judges rely essentially unthinkingly on those same scholars to have separated the potentially gifted lawyers from the crowd. Judges assume that the best students went to the best law schools; that, after arriving, the more talented law students outperformed the less talented ones; and thus that the best performers at the best law schools will make the best clerks. Judges typically pick their clerks from among the top graduates of the elite schools. Judges may think that professors are insane when they’re selecting topics for their scholarship and then devoting months to researching and writing on those subjects, but those same judges rely on the same professors to brand the beef astutely. Whatever criteria law schools are using within the asylum to rank their students, the outside world seems quite happy with it.

Is that fair?

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On February 27, 2009, Latham & Watkins laid off 440 associates and staff. These official layoffs came after months of quietly and stealthily laying off employees.

That year, Latham fell from #7 to #17 on the Vault 100 list of the most prestigious law firms. It was one of the biggest single year drops ever on the Vault list. At the time, I asked: “Is this as far as [Latham] will fall?”

Two years removed from that question, I’m staring at the brand-new Vault 100 rankings. Latham & Watkins is ranked #11.

Memory, my friends, is not something they screen for on the LSAT…

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The Courtship Connection has been on hiatus since the infamous night of the melon-baller. We are back with a vengeance now. We’re doing a last sweep of D.C.’s single lawyers and then moving on to a new town. We’ll let you vote on which lucky city and its lawyers get to be subjected to my questionable matchmaking attempts.

First, we need candidates. Send suggestions for the next Courtship city to tips@abovethelaw.com. We’ll then let you vote. Don’t worry: Miami, L.A., San Francisco, Chicago and Dallas are already on the candidate list.

Now on to news of our latest victims match. I brought a previous candidate off the bench for this one, as I’m short on men (and lesbians — D.C.’s problem is that it has too many single ladies, and not enough of them like the other single ladies). Do you remember the guy who refused to get lost in his date’s brown eyes? Sex-starved but with high standards for chemistry. He agreed to go out on another blind date, but had a request: he wanted his match to be from the T14, even though he is not a grad of the upper echelon of law schools himself. I granted his wish.

Was prestige all that was needed to set his loins afire?

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This is what you see in the law firm world. Law firms try to keep up with Cravath, but it might not be financially prudent. You try to keep up with Cravath, and then two or three years later you go bankrupt.

– Dean Frank H. Wu of UC Hastings Law, discussing the legal profession’s (perhaps unhealthy) status obsession, in an interesting panel about diversity and federal clerkships at the annual education conference of the Association for Legal Career Professionals (aka NALP).

Consider the evidence, from the website of Cravath. We’re guessing this change was made a while ago, perhaps when Cravath overhauled its home page last June, but we didn’t notice it until a Cravath alum pointed it out to us just now.

Let’s take a look….

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Drums please.

The U.S. News law school rankings for 2012 are here, y’all. Time to pay tribute to that which is more important to legal educators in this country than anything else.

As is customary here at Above the Law, we will be posting a series of open threads, running through at least the top 100 law schools. These open threads offer you a chance to compare and contrast different schools, praise (or condemn) your alma mater, and talk trash about rival law schools.

We’re not sure what we’ll do with the formerly “tier 3″ schools that have now been graced with numerical rankings by U.S. News. And we have no clue how we’ll handle the formerly “tier 4″ schools, which are now being classified as “tier 2″ schools — but I’ll be a monkey’s uncle before I quietly accept U.S. News’s misleading attempt to recharacterize these schools as “second tier”….

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Santa Claus — aka Bob Morse, rankings czar at U.S. News & World Report — is letting us open our presents early (or at least before midnight). The U.S. News law school rankings were supposed to come out on Tuesday, March 15, but Morse and his colleagues at U.S. News kindly posted them sometime around 10 p.m. Eastern time tonight. Yay!

(You’ll recall the same thing happened last year, too. The rankings were supposed to come out on April 15, 2010, but they were made available online by April 14 at 10:30 p.m., when we wrote about them.)

Now, on to the latest rankings — technically the 2012 law school rankings, but “ranked in 2011,” as noted on the U.S. News website.

We’ll start at the top, with a look at the top 14, or so-called “T14,” law schools. For the first time in ages, there’s a newcomer among their ranks. Guess who?

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The U.S. News law school rankings come out tomorrow, Tuesday, March 15. In the meantime, however, U.S. News has given us a little teaser.

They’ve posted the top 10 law schools, over on their website. Let’s take a look, shall we?

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One of my favorite law firm names is FreshfieldsFreshfields Bruckhaus Deringer, to be precise, but I prefer Freshfields. It makes me think of rolling green hills, crisp laundered linens, or a dairy, producing the creamiest milk in all the land.

As it turns out, Freshfields is a law firm — a top international law firm, a member of the elite Magic Circle. And this Freshfields is rolling out the green, doling out crisp bills, and ladling out the cream — to its associates. As reported earlier today by Am Law Daily, yesterday Freshfields announced spring bonuses, on the top-of-the-market Cravath scale.

Freshfields isn’t alone. This afternoon, Cadwalader, which was publicly toying with the idea of spring bonuses, announced that it too would pay them, again on the Cravath scale.

These two moves are significant — far more significant than the earlier spring bonus announcements….

double red triangle arrows Continue reading “Spring Bonus Mania: Freshfields, Cadwalader…. Where Will It End? Could Your Firm Be Next?”

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