Thomas Clark

This past Sunday’s New York Times featured not just the Cincinnati IRS exposé, but also a depressing discussion about the job market. Here’s the upshot: “Unemployment is staying high despite the end of the recession because we are now in a historic transition. Because of automation, globalization, efficiency and other factors, we no longer need the share of people working that we have had in the past. With these trends moving in only one direction, it is clear that the job crisis is permanent and will not go away with better economic times.”

That’s the analysis of James B. Huntington, author of Work’s New Age: The End of Full Employment and What It Means to You (affiliate link). In the words of researcher Thomas W. Clark, another participant in the Times forum, “given the rise of the machines, human labor is worth less and less in the marketplace.”

You can see this trend playing out in the way that staff layoffs are spreading rapidly throughout large law firms. Today we have more layoff news to share….

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Last month, we brought you the story of a student bar association dust up at NYU Law School.

The NYU SBA Treasurer, whom we called “Cashing Out,” resigned her position. The SBA President, “Party Law,” wrote an email to the entire student body, accusing the treasurer of making a lot of errors. The treasurer responded, accusing the SBA President of misappropriating funds.

OH MY GOD, WHAT’S THAT BEHIND YOU????

Just kidding. Just trying to keep you awake during this riveting retelling of accounting inconsistencies by two self-important NYU kids who should be preparing for callbacks now.

You’d think something of this magnitude would just kind of fade into the background, but the NYU administration decided to give this thing new life. The administration conducted an investigation into the dispute.

And the administration is coming down on the side of Party Law….

double red triangle arrows Continue reading “NYU Law SBA Scandal Resolution: Administration Throws Former Treasurer Under The Bus”