* The latest patent reform bill up for debate promises that it will put an end to the trolls by forcing them to do more work before filing suit. If only it were that easy to keep the trolls at bay. [National Law Journal]
* Do the hustle, and blame it on Becca! A jury has found that Bank of America is liable for selling defective mortgages, and the potential penalty could be up to $848 million. [DealBook / New York Times]
* Since the law was puff, puff, passed, lawyers in Washington State have politely asked their Supreme Court if and when they’ll allowed to smoke weed and represent clients that sell it. [Corporate Counsel]
* Class certification in the Alaburda v. TJSL lawsuit over allegedly deceptive employment statistics has officially been denied. We guess that all good things must come to an anticlimactic end. [ABA Journal]
* Another law school gets it: the U. of St. Thomas will its freeze tuition at the low, low price of $36,843, allowing students to pay a flat fee for all three years of education. [Campus Confidential / Star Tribune]
* Michael Skakel, the Kennedy cousin convicted of killing, was granted a new trial due to ineffective assistance of counsel. Getting away with murder? Aww, welcome to the family, Mike! [Washington Post]
* Stop bullying the judges on the Foreign Intelligence Surveillance Court. They don’t cave to just any government data request — they make changes to about 25 percent of them. But uh… they don’t like to talk about the other 75 percent. [Bloomberg]
* Everything’s bigger in Texas, including the number of Biglaw firms with failing grades for diversity. Hunton & Williams, Patton Boggs, and Thompson Coe are by far the worst offenders of all 19 large firms, with ZERO minority partners. [Texas Lawbook]
* A contract attorney is currently facing criminal charges for felony overbilling (which isn’t actually a real crime, but it’d be cooler if it was… plus it would make lots of lawyers from DLA Piper cry). [Radio Iowa]
* Well, at least one school got the message about the tuition being too damn high. Iowa Law is reducing tuition for out-of-state students by about $8K in the hopes of filling more seats. [Des Moines Register]
* Amanda Knox, more commonly known as Foxy Knoxy, says that she’s no “femme fatale,” but she’s being portrayed, again, as a “sex-obsessed she-devil” after already being acquitted of murder. [Reuters]
* Fashion designer Christian Louboutin was seeing red over the use of his trademark red soles in anti-Islam political messages, so he sued over it, and this time, he won. Rejoice, fashionistas! [New York Magazine]
Despite calls for change from the highest of authorities, law school tuition is still too damn high. In fact, for most recent law school graduates (myself included), it’s financially crippling.
Sure, class sizes have gotten smaller — whether due to law schools’ attempts to rightsize or due to lack of interest from prospective students — but tuition hasn’t. Some schools have managed to keep it flat (albeit at too high of a level), but others have had the nerve to dramatically increase tuition in these trying times for legal education.
Given how resistant the old and gray occupants of the ivory tower are to change, perhaps some frightening predictions about the future of law school tuition will help them open their eyes. If you think you’re hurting for students to fill the seats now, just wait until it costs $78,000 a year to attend…
Law school tuition goes up. That’s just what it does. It goes up during boom times, it went up during the recession. It goes up when lots of people apply to law school, it goes up when applications are at historic lows. If they could distill law school tuition into a pill, it would replace Viagra.
Law schools seem very good at estimating how much law school should cost. But are they as good at telling you how much you’ll need to spend while you’re in school besides tuition? Room and board, living expenses and transportation costs, these things go up too. But some students argue that when it comes time to estimating these costs — costs that are the basis for the federal loans that students take out in order to shelter themselves and eat while they’re in school — law schools set the bar unreasonably low. From the law school’s perspective, student expenses are relatively flat… it’s only the tuition that needs to go up.
Tipsters pointed out one school for a case study of this phenomenon….
Ed. note: Frank H. Wu is the Chancellor and Dean of the University of California Hastings College of the Law. He’s currently sharing some of his thoughts about legal education and other topics here on Above the Law.
Everyone is urging law schools to make radical modifications to how they do business, if not demanding that they do so. Indeed law schools are obligated to rethink the basics of everything from the curriculum to the financing of the degree.
As we discuss much-needed reform of legal education, it might be useful for everyone to have information on where the money comes from to operate law schools. There are basically five sources of revenue for the 200 or so ABA-accredited institutions. Academic quality can be sustained only if the business model is viable.
First, law schools are what is called “tuition dependent.” With a handful of exceptions, the primary funding derives from students in the form of tuition that is paid. Almost all schools then return significant proportions of what they receive to financial aid.
Three of your Above the Law editors — David Lat, Elie Mystal, and Joe Patrice — met up in the ATL offices earlier this week to discuss whether going to business school is a better financial decision than going to law school.
Spoiler alert: Elie thinks law schools cost too much.
* “The situation is an absolute mess.” Last summer’s SCOTUS decision on mandatory life-without-parole sentences for juvenile offenders has created a “legal limbo” for inmates. We hope they find suitable dance partners. [Wall Street Journal (sub. req.)]
* Even after you retire, you apparently still have to deal with the Cebullsh*t from your life on the bench. Former Chief District Judge Richard Cebull’s misconduct review is likely heading to Administrative Office of the U.S. Courts. [Great Falls Tribune]
* Woe unto them that call unpaid work fair: the Second Circuit quickly granted Fox Searchlight an appeal in the Black Swan unpaid intern case in the hope of offering some “much-needed guidance.” [Deadline]
* Which private law schools offer students the best value? Some unlikely contenders are named on this list, and some T14 schools even make appearances. We’ll have more on this later today. [National Jurist]
* GW wasn’t the only school that grew the size of its entering class (although it was the largest increase). William & Mary and Missouri-KC saw big gains, too. Yay, more lawyers! [National Law Journal (sub. req.)]
* If you’re considering applying to law school, think about schools that have lowered their standards and are offering scholarship money like candy. Otherwise, here are some helpful hints. [Huffington Post]
* Henry Putzel Jr., former reporter of decisions at the Supreme Court, RIP. [Washington Post]
Some law school deans have been quick to point out that their schools already offer two-year programs. What they don’t add is that those two-year programs still charge people the same price as for three-year programs. The ABA’s inflexible rules mandate three years’ worth of credit hours, so current two-year programs just jam all those credits into two years and charge people for three.
But one school seems to be trying to do this the right way. And you might be surprised to learn which school it is….
As fewer people apply to law school, deans have basically two options: they can shrink the size of the entering class, which reduces tuition revenue, or they can keep the size of the entering class the same, which results in credential dilution — a student body with lower LSAT scores and GPAs. Credential dilution can lead to a tumble in the closely watched U.S. News rankings, which can further reduce applications, setting in motion a vicious cycle.
So far, most schools seem to have opted for shrinkage. Most deans would prefer to be able to claim that they are taking a “stand for quality,” as Dean Patrick Hobbs of Seton Hall recently stated.
Interestingly enough, however, one top law school seems to be going in the other direction. It’s actually increasing the size of its incoming class over last year, even if doing so might lead to credential dilution….
* Biglaw’s billing bonanza: at least 12 firms are advising on the multi-billion dollar deals going on between Microsoft / Nokia and Verizon / Vodafone, and Simpson Thacher landed a seat on both. [Am Law Daily (sub. req.)]
* Standard & Poor’s is now accusing the Department of Justice of filing its $5 billion fraud lawsuit in retaliation for downgrading the country’s credit rating. Aww, we liked the “mere puffery” defense much better. [Reuters]
* The new ABA prez doesn’t think Obama meant what he said about two-year law degrees. He thinks it’s about cost. Gee, the ABA should probably do something about that. [National Law Journal (sub. req.)]
* Meanwhile, New York Law School wants to condense its offerings into a two-year honors program that comes complete with a $50,000 scholarship. Sweet deal if you can get it, but it sounds like most people won’t. [Crain's New York Business]
* Stewart Schwab, the dean of Cornell Law School, will be stepping down at the end of the academic year. The search for someone new to oversee the filming of amateur porn in the library is on. [Cornell Daily Sun]
* Crisis? What crisis? Nothing is f**ked here, dude. Amid plummeting applications, GW Law increased the size of its entering class by about 22 percent. The more lawyers, the better, right? /sarcasm [GW Hatchet]
* Jacked up! Attorneys for NFL player Aaron Hernandez got a stay in the civil suit accusing the athlete of shooting a man in the face until after the athlete’s murder charges have been worked out. [USA Today]
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.
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: firstname.lastname@example.org.
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.