* The annual Peeps In Law contest is open! Voting is open until 11:59 p.m. on April 21. [ABA Journal]
* A comprehensive look at the law school reputation rank component of the U.S. News rankings. Maybe Professor Illig can take heart that lawyers and judges still like Oregon better than U.S. News. [Tipping the Scales]
* Airline tells passenger to, um, screw herself. There’s no lawsuit yet, but that’s inevitable. [New York Magazine]
* Here are lawyers in wigs in cat selfies. The Internet is amazing. [Legal Cheek]
* New Jersey has finally issued a memo calling for more training for its judges in response to the veritable Debtor’s Prison they’ve fostered. [Bergen Dispatch]
* An engaged couple won the UVA Moot Court competition. Nothing says romance like researching for fake arguments. [UVA Law]
* Remember the Jennifer Gaubert story? She was the lawyer and former radio host who accused a cab driver of sexual harassment… and then the authorities watched the cabbie’s video and decided she was totally lying. Well, now that video is available. Watch it below…. [YouTube]
Lat here. Tomorrow is a big day. First, April 15 is Tax Day; we hope that you’ve filed your return — and that you haven’t been taken advantage of. Second, it’s the deposit deadline at various law schools. We hope that you’ve made up your mind — and that you haven’t been taken advantage of.
Helping people make informed decisions is the goal of our popular column called The Decision. We field queries from prospective law students choosing between different schools, offer them advice, and ask ATL readers to weigh in as well.
Now, on to today’s scenarios. We’ve titled them “Jersey Boys” and “The Book of Mormon,” for reasons that will soon become apparent….
For the first time since 2010, the decline in LSAT test takers has abated, but as we noted previously, “deans shouldn’t start licking each other’s popsicles just yet” — it was only up by 1.1 percent for February takers. Law schools aren’t out of the woods yet, though, and they’re hungry for applicants. To that end, while many law schools are still desperate to fill their seats, they’re even more desperate to protect their coveted yield rate, the percentage of admitted students who actually choose to enroll.
U.S. News recently released a list of the schools with the highest yield rates in 2013. On average, more than half of accepted students ended up enrolling at these schools, but you may be surprised by some that made the list…
About two weeks ago, we reported on a study of the law schools whose graduates earned the highest median starting salaries. The rankings were based on numbers culled from Payscale.com, and if you thought the list looked a bit odd, you weren’t the only ones. “Those median starting salary figures are about as believable as Santa Claus and the Easter Bunny,” remarked one of our commenters, while others cried T14 tears over Penn’s mysterious absence from the list.
Wipe your tears, friends, because today we’ve got a new and improved list for you — one with salary numbers delivered straight from the law schools themselves, including the percentage of recent graduates who reported their salaries.
Which schools are on the new list? Keep reading to find out…
Yesterday, we brought our readers some “startling” statistics about law student debt levels. It seems that average indebtedness for law graduates increased by more than $50,000 between 2004 and 2012, with a typical law student saddled by about $140,000 in loans.
In fairness, those statistics probably weren’t all that startling to our readers — many of them are heavily indebted themselves. In fact, we know that many of them are carrying debt loads that surpass even that six-figure number.
Which law school graduates have the most debt of all? U.S. News has a ranking for that…
Are you ready for MOAR rankings? We certainly hope so, because hot on the heels of the release of the 2015 U.S. News law school rankings, we’ve got yet another set of rankings for you to feast your eyes upon. These rankings, brought to us by Forbes, focus on one of the most-discussed areas when it comes to the value of legal education as of late: starting salaries.
Money makes the world go ’round, and that statement rings especially true today. From your ability to pay your loans to your ability to get a mortgage, your starting salary will likely determine your income over the course of your life — you better hope you start making bank as quickly as possible.
How can you get the best shot of making that happen? Not all law degrees are worth a million dollars, but you might come close to making that much if you attend one of these law schools…
Welcome back to our series of open threads on the latest batch of U.S. News law school rankings. Last time, readers weighed in on the schools that filled out the middle of the traditional first tier (ahh, the good old days when there were more than two). There were some rather significant moves worth noting in that group, like those of William & Mary and the University of Washington. Also worth noting are the schools that disappeared from that list, and now we’ll get to talk about them.
This time around, we’ll be taking a look at the law schools at the bottom of the top 50, the schools that some would argue belong in the traditional “second tier” (no, not the dreaded “rank not published” or “RNP” tier).
These schools might not be at the top, but some of them charge like they’re the cream of the crop…
* Federal district judge who thought he was one of the Hardy Boys gets a benchslap from Judge Rakoff. [Josh Blackman's Blog]
* The dean of the DePaul College of Law, Gregory Mark, is stepping down at the end of the academic year. Administration issues are never fun, but this is better than another story about Augustus Sol Invictus. [Chicago Sun-Times]
* Valerie Ford Jacob, leader of Fried Frank since 2003, is stepping down from her post prior to her official 2015 departure date. At least she’s leaving on a high note, with the firm’s highest profits per partner ever. Yay. [WSJ Law Blog (sub. req.)]
* Ralph Lerner, the ex-Sidley Austin partner who billed extra car charges to his clients, claims he went into work on weekends to do work for free to make up for it. Aww, how nice of him. [Am Law Daily]
* Many New York law schools moved in the recent U.S. News rankings, but not necessarily in the right direction. Four out of 15 schools moved up; the rest stayed the same or slipped. [New York Law Journal]
* Would you like damages with that? McDonald’s corporate and its franchisees are facing lawsuits filed by employees over their allegedly “stolen wages.” Class actions have been filed in three states. [Bloomberg]
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 (Robert Kinney and Evan Jowers will be in Hong Kong again March 15 to 23), 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.
Are you challenged by the costs and logistics of maintaining your office, distracting you from the practice of law?
Many small firms are successfully moving part—or even all—of their practice to a virtual setting. This even includes multi-jurisdictional practice spanning several states and practice areas, although solo and small partnerships are still the largest adopters of virtual law.
Can you do the same? The new article Mobile in Practice, Virtual by Design from author Jared Correia, Esq., explores how mobile technology bring real-life benefits to a small law firm. Read this new article—the next in Thomson Reuters’ Independent Thinking series for small firms—to explore how a mobile practice:
Everyone is talking about the importance of Social Media in Corporate America. But it is relatively safe to say that most law firms and lawyers are slightly behind the social curve. Most lawyers, at minimum, use LinkedIn, for networking. Some even use Twitter for pushing out short, pithy content, while many have Blogs, where they write their little hearts out. The adage “it is better to give than to receive” is not always true though in the world of Social. In the Social World – it is best to listen, give back and engage.
Social Media is a communications tool that can deeply educate you about the needs and wants of your clients and prospects when used in conjunction social media monitoring and sharing tools.
Take this quick quiz and see if you know how to use Social to help you engage more with your clients or to better service the ones you have.