We know how much our readers love rankings, so for your viewing pleasure, we present to you the National Jurist’s sixth annual list of the Best Value Law Schools. This year’s Best Value ranking system takes into account the following criteria: tuition (25% of study), cost of living expenses (10%), average indebtedness upon graduation (15%), the percentage of graduates who got a job (35%), and bar passage rates (15%).
We’ve covered these rankings before. As in years past, National Jurist ranked only the top 20 schools, and has given letter grades to the rest of the schools on the list, ranging from A- to F. But this year, because of the uproar about transparency in employment statistics, the National Jurist’s rankings include adjusted weights for employment percentages based on 12 different categories.
National Jurist also paid special attention to average graduate indebtedness this year — and by “paid special attention to,” we mean that the publication hasn’t been following the news about the incorrect debt figures that were being used by law schools to pimp their programs like low-rent street walkers.
Check and see if your school made the grade this year….
Law school graduates both young and old are living under the heavy weight of student loan debt, but we don’t need to tell our readers that law school costs a pretty penny — they already know. The people who do need to know are those who are thinking of applying to law school. Those people need all of the information that they can get their hands on so that they’re able to make an intelligent decision when choosing a law school.
Unfortunately, there doesn’t seem to be a way to discern the actual debt loads that recent law school graduates are carrying, if only because law schools have been misreporting the average indebtedness of graduating students to both the American Bar Association and U.S. News and World Report.
Which law schools are guilty of this committing practice? The ABA claims that administrators from “a number” of schools have contacted the organization in order to correct their information about loan debt….
But instead of owning up to these mistakes, or (gasp) apologizing for errors that have brought shame and scorn onto the school, Rutgers Law dean Rayman Solomon continues to produce statements that manipulate and obfuscate the truth of the matter.
Rutgers Law students deserve better from their administration. But they won’t get it until they demand that the people running the law school stop trying to sugarcoat everything, and start trying to improve the school’s commitment to transparency….
* Dear ABA: could you please at least LOOK at what’s going on at Rutgers-Camden. We’ve already looked at their arguably misleading ads. Now Paul Campos has figured that the school may have been massively under-reporting the amount of debt people graduate with to the ABA (scroll down to Upate III). Seriously ABA, do one small part of your freaking job JUST ONCE. [Inside the Law School Scam]
* Here’s a great way to lower the cost of education: make books free. I mean, it’ll never, ever happen, but it’s a good idea. [CALI via Tax Prof Blog]
* Law students might need a bit of a refresher on supply and demand before they hit up fall recruiting. [Adam Smith Esq.]
* Legacy LeBoeuf retirees have also been screwed by the D&L fiasco. Boy, Dewey know how they feel. [WSJ Law Blog]
Conservatives, just shut up about this guy. You'll all love him again when he strikes down Affirmative-Action this fall.
* I think there is an interesting question on why Republican Presidents seem to have difficulty getting their Supreme Court justices to vote the party line, but this opinion writer handles the discussion in a stupid, butthurt way. [Washington Post]
* Your Tweets can be subpoenaed. #Biglawdiscoverytactics. [Atlantic Wire]
* If you spend over $100K for a J.D. and then end up working at Axiom, you’ve probably lost. [Law Technology News]
* Here’s a nice little chart made with Chambers numbers to tell us which firms seem to be staffing up. The takeaway is that in addition to your studies, you should be spending enough time in the gym so you look pretty enough to work at Davis Polk. [WSJ Law Blog]
* A Blawg Review that pays homage to Lyndon Baines Johnson. I read that LBJ used to take meetings while he was on the crapper. You probably couldn’t do that today without somebody suing you. [The Defense Rests via Blawg Review]
On Friday, we reported on an aggressive and arguably misleading sales pitch from the people at Rutgers Law – Camden. The pitch, aimed towards students who had taken the GMAT, made this claim (among others): “As a direct result of the quality of legal education at Rutgers, of those employed nine months after graduation, 90% were employed in the legal field and 90% were in full time positions.” The school was clearly trying to make the economic case for going to law school, something you don’t see as much of in this difficult economy — at least from schools willing to tell the full story of their employment outcomes.
We wondered whether Rutgers was being as forthright as it could with its potential students. Over at Inside the Law School Scam, Professor Paul Campos took a closer look at the Rutgers numbers, and not surprisingly he found them to be highly suspect. Law School Transparency also shed more light on how Rutgers cooked up these numbers, and they went so far as to call for the resignation of the school’s associate dean of enrollment, Camille Andrews, who sent out the recruitment letter.
If you thought Rutgers Law Dean Rayman Solomon was going to throw Dean Andrews under the bus for this adventure in advertising, you haven’t been paying attention to how the law school game is played. Dean Solomon has come out in defense of his school’s recruitment materials.
I’m not entirely sure about the meaning of what he said, but there were definitely words involved…
We talk a lot about the value of a law degree, but one thing most people seem to agree about is that a law degree isn’t very useful unless you want to be a lawyer. The people who go to law school because they think it is the doorway to riches and wealth are often the ones most sorely disappointed.
Well, unless they go get a JD/MBA at Rutgers Camden. ‘Cause, you know, that’s where you go if you just want to make straight bank.
At least, that’s the impression you’d get if you had received this Rutgers Law sales pitch….
Much to the dismay of students, faculty, and alumni, the Camden campus of Rutgers University School of Law will soon be merging with Rowan University — and doing away with the Rutgers name. Up until now, our coverage of the pending merger has been limited to Morning Docket entries. But last night, during a town hall meeting held by New Jersey Governor Chris Christie, the debate got interesting.
In what is being referred to as “the most-heated town hall clash of the year,” Christie reportedly got into a shouting match with a current Rutgers Law – Camden student. Harsh words were exchanged, and the scene ended with the law student being escorted from the meeting by police.
Who is this law student, and what was said? Let’s delve into the details….
* Eye of newt tiger, and toe of frog, wool of bat, and tongue of dog. You see, Newt, you screw up one part of the witches’ spell, and you get sued for unauthorized song use on the Election 2012 campaign trail. [Bloomberg]
* Which Biglaw firms have the strongest brands in the country according to high-revenue clients? You’d think that those in the top five would be the firms leading the bonus market, but like most things having to do with money, you’d be wrong. [Am Law Daily]
* GW Law will be launching a health care law and policy program next fall for the low, low cost of $5M, but the hordes of law school grads willing to pay top dollar for a useless LL.M. is priceless. [National Law Journal]
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.
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