Student Debt
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Biglaw, Job Searches, Job Survey, Rankings, Student Loans
ATL Survey Update: Great Unmet Expectations
Do law students have unreasonable expectations about their employment prospects? Survey says.... -
Bankruptcy, Law Professors, Law Schools, Money, Student Loans, Television, Videos, YouTube
Lawyers & Economics: Student Debt
Welcome to the latest installment of Lawyers & Economics, our occasional video series on financial topics by Professor William Birdthistle of Chicago-Kent College of Law. Today's topic isn't going away anytime soon. If you have -- or are thinking of taking on -- student loans, keep reading.... - Sponsored
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Biglaw, Job Searches, Law Schools, Money, Partner Issues, Rankings, Student Loans
Best Law Schools for Getting a Biglaw Job (2012)
Which law schools excel at sending their graduates into jobs at large law firms, i.e., Biglaw? Check out the National Law Journal's annual ranking of the top 50 law schools by the percentage of 2011 juris doctor graduates who took jobs at NLJ 250 firms.
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Law Schools, Public Interest, Student Loans
Yale Law School Makes It Slightly Harder to Get Loan Forgiveness
Yale is making a slight change to its low-income loan forgiveness program, and it’s going to make it a little harder for people who leave Yale Law School and take low-paying jobs. Now, this isn’t anything to yell and scream about. Yale is still committed to making loan repayment feasible for people who don’t take […] -
Football, Non-Sequiturs, Sonia Sotomayor, Student Loans
Non-Sequiturs: 02.08.12
* When the student debt bubble bursts and causes general economic ruin, I don’t want to be called a “prophet.” You may call me “messenger,” as in the sentence, “We’d like welcome the messenger, Elie Mystal, to the program. Tell us, seer, what it was like being so far ahead of the curve.” [Democrat and […] -
Bankruptcy, Law Schools, Money, Student Loans
Not Even Bankruptcy Will Make Your Student Loans Go Away
More and more law school graduates are trying to seek bankruptcy protection from their mountains of student loan debt. Now, we know that reading comprehension is tested on the LSAT, but apparently, once students complete the law school entrance exam, that skill goes right out the window. How do we know? Because law school graduates, who freely signed up for student loans as law students, are now trying to shirk their repayment responsibilities.... -
Allen & Overy, Job Searches, Letter from London, Magic Circle, Student Loans, Unemployment, United Kingdom / Great Britain
Letter from London: Can Jobless U.S. Law Grads Find Work in Britain?
What happens when you put thirty American lawyers in a London pub where the drinks are free for the evening? Well, let’s just say it’s rather different to what happens when thirty British lawyers are assembled in equivalent conditions. The attendees at last week’s inaugural Benedict Arnold Society meeting for young and young-ish American lawyers […] -
4th Circuit, ACLU, Akin Gump, Biglaw, Career Alternatives, Crowell & Moring, Drugs, Elena Kagan, Health Care / Medicine, Morning Docket, SCOTUS, Solo Practitioners, Supreme Court, Torture, Wall Street
Morning Docket: 01.24.12
* First the Jones verdict, then the Fourth Circuit affirmed the dismissal of Jose Padilla’s torture lawsuit. It’s enough to make ACLUers develop bipolar disorder. [Washington Post] * Release the Kagan! The Supreme Court rejected Freedom Watch’s motion for time to argue that Justice Elena Kagan should recuse herself from the Obamacare case. [CNN] * […]
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Career Alternatives, Job Searches, Law Schools, Student Loans
What 'Can't' You Do With a Law Degree?
There's a really funny post up on Constitutional Daily, in which the protagonist -- who holds a J.D. from NYU Law and was laid off from Biglaw during the recession -- recounts his inability to secure a job at Target. It got us thinking of that other great lie that law schools tell incoming law students: "Yada yada, you can do anything with a law degree... also, I'd like to interest you in partial ownership of the Brooklyn Bridge." But many J.D. holders have found out the hard way that holding a law degree only opens doors to "law" jobs. They aren't degrees of general utility. If anything, they close more doors than they open.... -
American Bar Association / ABA, Law Schools, Student Loans
Law School Professionals Want Bill Robinson to Put a Sock in It
When the story about the head of the ABA's tactless remarks broke, Elie had the good fortune of being in Washington, D.C., at the annual conference of the Association of American Law Schools. Law school professionals -- the people who have to deal with the perception of general ABA incompetence on a day-to-day basis -- were not at all happy with William Robinson's comments.... -
American Bar Association / ABA, Job Searches, Law Schools, Student Loans, Unemployment
The ABA Thinks It's Your Own Fault If You're Poor and Unemployed
William Robinson, the newly appointed president of the American Bar Association, is taking a stand on the status quo of legal education in our country. But instead calling for reform, Robinson is defending the ABA's role, stating that young lawyers "should have known what they were getting into." Isn't it wonderful to know that the man in charge of the ABA is essentially playing the "blame the victim" card when it comes to debt-saddled and unemployed law school graduates? -
American Bar Association / ABA, Animal Law, Election 2012, Election Law, Morning Docket, Politics, Prostitution, Scott Rothstein, Sex, Student Loans, Unemployment
Morning Docket: 01.05.12
* Rick Santorum and the Sweater Vests can join Rick Perry’s ballot access lawsuit in Virginia. It’s funny, because at this rate, Perry will have dropped out before the first hearing. [Washington Post] * If you’re an unemployed law grad drowning in debt, you should’ve known that you’d be screwed. Warning! Danger, Will Robinson! Opinion […]
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Education / Schools, Law Schools, Money, Student Loans
Don't Defend Your Law School Until You're Earning Three Times Its Yearly Tuition
The National Law Journal reports that Jim Chen, Dean of the Louisville School of Law, has come up with an easy to apply salary figure to determine whether law school was a financially sound decision on a case-by-case basis. I'd like for people who constantly defend the value of law school to start pointing out the high salaried jobs that are needed to make law school worth it....
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Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
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Job Searches, Law School Deans, Law Schools, Student Loans
The University of Chicago Law School Offers Detailed Employment Data; Will Other Schools Follow Suit?
Here's an interesting idea: what if law schools just started posting comprehensive, accurate employment data on their websites? On a voluntary basis -- not compelled by politicians, lawsuits, or the American Bar Association? Take a look at what they're now doing at the University of Chicago Law School. Could it perhaps serve as the model for law school reporting of employment data? -
California, Elena Kagan, Immigration, Money, Morning Docket, Partner Issues, Pornography, SCOTUS, Student Loans, Supreme Court
Morning Docket: 12.13.11
* The Supreme Court will hear Obama’s challenge to Arizona’s immigration law. Upside: we can probably expect a decision by June. Downside: Lady Kaga has to sit her ass out. [New York Times] * Depressing fact of the day: unless you’re earning six times your law school’s annual tuition, you’ll probably never be able to […]
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American Bar Association / ABA, Federal Judges, Law Schools, Money, Morning Docket, Police, Student Loans
Morning Docket: 11.23.11
* The American Bar Association can’t handle law schools, yet Obama trusts them to vet potential judicial nominees. Well, seems like they’re doing a bang-up job with that, too. [New York Times] * First the New Jersey bar exam results, and now more MF Global drama. Angry investors want to know if a lawsuit will […]
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Job Searches, Law Professors, Law Schools, Student Loans, Vanderbilt
Quote of the Day: Is Law School Worth It?
[L]aw school is a very risky (and expensive) investment; it should not be entered into lightly…. [E]ach potential student’s calculus will be based on a host of factors unique to him or her. For some, like an English major (relatively low opportunity costs) who gets some scholarship assistance (somewhat lower out-of-pocket costs) to attend Harvard […] -
Bar Exams, Job Searches, Law Schools, Money, Rankings, Student Loans
The 'Best Value' Law Schools of 2011, Now With Numerical Rankings and Grades
In August, we reported on National Jurist's list of the 60 Best Value law schools. The list was unranked, but the final tallies for the honor roll have now arrived. In addition to the rankings, National Jurist has given letter grades to the rest of the schools on the list, ranging from A- to F. Wouldn't you hate to be a student or an alumnus of a law school with a failing grade? -
Job Searches, Law Schools, Money, Student Loans
The 99 Percent's Take On Law School Employment Statistics
Whenever we ask law school deans to explain their BS employment statistics, they just shovel more BS our way. But maybe if students themselves asked where these figures come from, they'd get some straight answers. One student, at a law school that at this point is undisclosed, asked her dean why the school's employment statistics were clearly misleading. And it looks like the dean broke things down for her. She used the information to tell another story of the 99%.... -
American Bar Association / ABA, Contests, Facebook, Law Schools, Money, Student Loans
Law Students: The ABA Wants to Help You 'Put a Dent in Your Debt'
Here at Above the Law, it seems like we complain about the American Bar Association on an almost daily basis. But you know what? It’s Friday, so we’re going to cut the ABA some slack. We’re a little tardy to the party on this one, but today we have some news for law students that […]