If you’re a frequent reader of this website, you know that we continuously talk about the effects of law school debt and the need for tuition decreases so young lawyers can go on to lead normal lives after graduation instead of wearing their debt around their necks like slowly tightening nooses.
As time goes by, more and more law schools are starting to listen and reform — though in some cases, we imagine it’s only because they’re now feeling the pain of a decrease in tuition dollars due to low enrollment and smaller classes.
Until all law schools get in gear with the way things work now, we’ve got a list of law schools where life could be good after graduation. At these law schools, the average graduate has a starting salary that outweighs his average debt load…
* Dan Marino was suing the NFL over concussions, becoming the highest profile former player to level a suit against the league. Among his allegations, he claims concussions led him to hold that ball laces in for Ray Finkle. Why do I say “was,” you ask? Because he claims he filed suit accidentally. No greater proof of the dangers of concussions necessary. [Awful Announcing]
* The Supreme Court used to gather in the basement and watch porn together according to Larry Tribe (affiliate link). Best anecdote is Justice Marshall narrating porn to the nearly blind Justice Harlan. You can spoil the ending for Justice Harlan here. [Washington Post]
* It turns out the Brits have their own obsession with law school rankings. Here’s their “league table” for a legal education. [The Guardian]
* An article ponders when firms are going to figure out that recent law school grads are perfect paralegals. Thanks for that kick in the gut. [New Geography]
* Following up on an older story, the Fifth Circuit has withdrawn a ruling made in 2007 upon revelations that one of the judges involved had a financial interest in one of the parties. [Center for Public Integrity]
* Do we need more reasons why Bitcoin is stupid? Ah, it’s used in messy divorces to hide assets. Perfect. [Digital Journal]
* Debt collectors are increasingly giving up on calling you all the time and just seeking default judgments. [Huffington Post]
* From the SUNY Buffalo commencement, Judge Thomas Franczyk and graduate Joey Nicastro took the stage to perform a song for the occasion. Francis Malofiy is already planning to sue them. Video below….
One thing I’ve learned as I get older is that most people are incapable of learning from other people’s mistakes. It’s just not something humans are good at, I guess. If you see somebody jump off his roof and impale himself on a fence post, the human reaction seems to be “Wow, what a stupid place to put a fence post,” not, “I’M NEVER GOING TO JUMP OFF A ROOF.”
Everybody thinks that they can do it better. That impulse probably helped us go from stone tools to weapons of mass destruction, but it’s also what helps unaccredited law schools stay in business. Whatever, it all ends in radiation poisoning.
Which brings me to the story of a former student loan debt collector who heard countless stories from people drowning in debt with degrees that turned out to be useless. Armed with that information, she turned around and took out $40K to go to an unaccredited, online law school in California. I feel like I’m taking crazy pills…
‘We traced Sallie Mae’s call. It’s coming from inside the house.’
What happens when you go to law school and your classmates are all d-bags? What happens when all of the partners at your firm are a-holes? Or worse yet, what happens when you graduate from law school in a down economy? What happens when you aren’t able to get a job as a lawyer, yet you’re haunted day and night by student loans? Sometimes the answers to these questions are truly frightening.
Another school has surveyed the landscape of legal education over the next several years and recognized that, to paraphrase Jimmy McMillan, the tuition was too damn high. Reduce the sticker shock and get a leg up on peer institutions. And most importantly game the ATL Rankings in the process.
This is not the first school to take steps to cut back on tuition, but a school making this kind of significant cut sends a signal to its peers that the game has changed and the new blueprint is, well I don’t want to say “value” because you’re still sending students into an uncertain job market, but at least “bargain hunting.”
So who joins the ranks of tuition-slashing institutions?
[I]f law school is to remain three years, costs have to be cut; the system is not sustainable in its present form. The graduation into a shrunken legal sector of students with hundreds of thousands of dollars of student debt, nondischargeable in bankruptcy, cannot continue. Perhaps — just perhaps — the more prestigious law schools (and I include William and Mary among them) can continue the way they are, though that is not certain. But the vast majority of law schools will have to lower tuition.
* Baker Hostetler lawyer leaving the law to start a gym. With any luck he’ll have a championship dodgeball team in no time. [Crain's Cleveland Business]
* Just a reminder, there isn’t a “telling a university everything you’ve done for an oral history” privilege. [BBC]
* An argument for Republicans to get serious about loosening the reins on technological innovation like the Republican Party of old. But that might require saying no to some billionaire donor, so that’s off the table. [The American Conservative]
* Professor Will Baude pointed us to a fun new law professor blog from Professor Richard Re, soon to be of UCLA Law, with an even more fun title. Here he compares Justice Sotomayor’s dissent in Schuette to Quidditch. [Re's Judicata]
* A new show about law school. It’s supposedly about criminal law, but the trailer looks more like a professional responsibility fact pattern. [YouTube]
Some people go to law school not in the hope of making buckets of cash, but to bring justice to their communities. With long hours and low pay, being a government attorney is a noble pursuit. The catch is that some of these poor souls didn’t know just how poor they’d actually be.
To that end, they certainly didn’t expect that they’d be paid a lower salary than the courthouse custodian, and they had no clue that they’d be members of the working poor.
Which state is allowing entry-level government attorneys to live in squalor?
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 seven years. You can reach them by email: email@example.com.
It’s that time of year again when JDs are starting to apply for 2L summer jobs and 2L summers are deciding which practice area to focus on.
For those JDs with an interest in potentially lateraling to or transferring to Asia in the future, please feel free to reach out to Kinney for advice on firm choices, interviewing and practice choices, relating to future marketability in Asia, or for a general discussion on your particular Asia markets of interest. This is of course a free of cost service for those who some years in the future may be our future industry contacts or perhaps even clients.
For some years now Kinney’s Asia head, Evan Jowers, has been formally advising Harvard Law students with such questions, as the Asia expert in Harvard Law’s “Ask The Experts Market Program” each summer and fall, with podcasts and scheduled phone calls. This has been an enjoyable and productive experience for all involved.
If you are considering a virtual law practice, you know that many of today’s solo firms started that way. But why are established, multi-attorney law firms going virtual?
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:
Reduces malpractice risk
Enables you to gather the best attorneys to fit the firm, regardless of each person’s geographic location
Leverages mobile devices and cloud technology to enable on-the-spot client and prospect communication
Transitioning in-house is something many (if not most) firm lawyers find themselves considering at some point. For many, it’s the first step in their career that isn’t simply a function of picking the best option available based on a ranking system.
Unknown territory feels high-risk, and can have the effect of steering many of us towards the well-greased channels into large, established companies.
For those who may be open to something more entrepreneurial, there is far less information available. No recruiter is calling every week with offers and details.
In sponsorship with Betterment, ATL and David Lat will moderate a panel about life in-house and we’ll hear from GCs at Birchbox, Gawker Media, Squarespace, Bonobos, and Betterment. Drinks, snacks, networking, and a great time guaranteed. Invite your colleagues, but RSVP fast, as space is limited.