It’s the most important day of the year for law school deans. The U.S. News 2015 Law School Rankings are out, and absent salacious allegations about their behavior, law deans who do well according to U.S. News do well according to their bank accounts.
The big winner this year seems to be Duke Law School. As we mentioned earlier, they’ve cracked the top ten. Congratulations to the Harvard of the South.
Meanwhile, this seems to be the year U.S. News has fully committed to “ties.” Ties are great for law schools. How else can you have 60 schools claim to be “top 50 institutions”? U.S. News makes ties like kissing your sister… your really hot, adopted sister that your Dad would be all over if your Dad were Woody Allen.
So, who is #1? If you have to ask that question, you’ve clearly come to the wrong website and might want to rethink this whole “going to law school” thing until you’ve researched enough to get a freaking clue…
We hope that you’re ready, because it’s almost the most wonderful time of the year for law schools. That’s right, the 2015 U.S. News law school rankings will be published on March 11.
Law school deans must be very, very afraid. They don’t want to be dethroned from their lofty positions in the ivory tower if their respective law schools slip by a just a few slots. Law students, on the other hand, are at the ready to lord their law school’s potentially higher new ranking over their friends’ heads on Facebook. As for incoming law students, all bets are off — they’ll either be happy their school maintained its place or rose in the rankings, or be devastated if their school of choice had a subpar performance.
The rankings, controversial as they are, are still a pretty huge deal to everyone in the legal profession. Just like in years past, the rankings will inevitably be published online in the wee hours of the morning, but because rankings guru Bob Morse knows that the anticipation is killing us, he likely instructed the staff at U.S. News to give his adoring public a little teaser.
Are you ready to take a look at the new, top 10 highest-ranking law schools in the nation?
Each year, U.S. News and World Report comes out with a ranking of the 100 best jobs in the nation, based on important factors like the number of expected openings, advancement opportunities, career fulfillment, and salary expectations. With criteria like that, it makes sense that each year, the job of “Lawyer” sinks lower and lower in the rankings.
For example, in 2013, U.S. News ranked Lawyer as No. 35 on its 100 Best Jobs ranking, and as No. 4 on its ranking of the “5 Dream Jobs That Aren’t So Dreamy.” Just one year later, in 2014, Lawyer isn’t even ranked in the top 50 of the U.S. News list. Being a lawyer is now a second-tier career. How embarrassing.
What’s even more embarrassing? The list of jobs that are supposedly better than being a lawyer. Why did you spend all of that money on a law degree when you could’ve just gone to beauty school?
As 2013 draws to a close, let’s look back at the 10 biggest stories in the legal profession over the past year. This is an annual tradition here at Above the Law, which we’ve done in 2012, 2011, 2010, and 2009. We’ll fire up the old Google Analytics machine to get data on our most popular posts, based on pageviews, and share the results with you.
Before turning to specific stories, let’s look at the top general discussion topics here at ATL. For 2013, our most trafficked category page was Biglaw, which bumped Law Schools out of the top spot — a spot that Law Schools held from 2010 through 2012. Now that the word is out about the perils of getting a law degree, leading to plummeting applications, perhaps it’s time to move on from the “don’t go to law school” narrative.
After Biglaw and Law Schools, our third most-popular category page was, as usual, Bonuses. This wasn’t a terribly exciting year for bonuses — there were no spring bonuses, and Cravath and its many followers paid out the same bonuses as last year — but people still want to know the score.
Our fourth most-popular category page was small law firms. Small firms, including boutiques, are an area of increasing focus and readership for us — and also where many of the job opportunities are these days.
Moving on from the topic pages, what were the 10 most popular individual posts at Above the Law in 2013?
We’re still a few months out from seeing the latest edition of the U.S. News law school rankings — and the Above the Law Top 50 law school rankings — so in the meantime, we thought we’d have a little chat about the (sometimes extreme) mismatches some law schools have between their reputation and rank.
U.S. News measures reputation through peer assessment from law deans and tenured faculty on a scale from marginal to outstanding, and this score accounts for 25 percent of a law school’s overall ranking. It’s nice to know that what other people think about your law school is still more important than its job placement success (currently weighted at 20 percent).
So which law schools are doing better than their reputations suggest, and which ones aren’t living up to the hype? We’ve got the details on some of the best hidden gems and worst secret offenders for you…
* Former top Pentagon lawyer Jeh Johnson previously told us he was done with public service, but when the president asks you to join the Cabinet, it’s kind of hard to say no. Plus this Paul Weiss partner is filthy rich, so he can secure our Homeland any day. [Washington Post]
* Earlier this year, Gibson Dunn appointed a seventh-year associate as the firm’s first ever global pro bono director. We wish her the very best of luck as she tries to make lawyers do work for free. That can be a really tough sell in Biglaw. [Am Law Daily]
* Law school rankings existed long before U.S. News was even conceived of, and they broke schools into two lists: those that matter, and those without the “slightest significance.” Sick burn. [National Law Journal]
* Arizona Law alumni really don’t need to worry themselves about the fact that the school’s servers were hacked. Come on, your credit couldn’t be much worse than it already is with all that debt. [KVOA News 4]
* Lady Gaga is nearing settlement with a disgruntled ex-employee, which is too bad, because we were dying to see her get on the stand. The dropping of F-bombs would’ve been fabulous. [New York Post]
Over the summer, the American Bar Assocation announced that it would stop collecting data on law school expenditures. Ignoring law school expenditures is (counterintuitively perhaps) an important legal education reform. Law schools should be spending, and charging, as little as possible. The fact that a law school spends a lot of money on its professors really doesn’t seem to have a great effect on the quality of legal education, especially if that quality is at all measured by job placement rates.
Of course, getting the ABA on board is only part of the battle. In June, we noted that the real prize is for U.S. News to stop rewarding law schools for spending as much as possible. A law school shouldn’t be able to improve its ranking by tricking out its library or giving its faculty fat raises in a market where law school tuition is far too high.
I had expected U.S. News to follow the ABA’s lead. Law schools might not be the most transparent institutions, but they generally try to avoid lying to the ABA (at least some of them do). But without an ABA check, there’s nothing to prevent schools from lying to U.S. News to inflate their expenditure figures in an attempt to game the rankings. Reasonable people can disagree about what factors should be important in a set of law school rankings, but I had assumed U.S. News would at least want their data to be tied to reality, instead of made-up statistics offered up by law schools without any independent auditing or fact-checking.
We’ve got to hand it to the television and film industries, because they’ve done a wonderful job of glamorizing professions that are otherwise dull and often lacking when it comes to the beauty of its practitioners. Teenagers who wants to be doctors or lawyers when they grow up have seen those professional roles played out a million times on TV, and they look so, so cool.
We hate to break it to you, but these shows and movies often leave out the most difficult and trying parts of elite careers. Going to law school isn’t as “fun” as Elle Woods makes it look in Legally Blonde. Supply-room sexual romps à la Grey’s Anatomy aren’t part and parcel of a career as a doctor. There’s a reason why they don’t show you all of the time spent researching and writing motions that goes into trying a case on Law & Order.
If you still think these are dream jobs, then you haven’t been paying attention to anything that’s been going on in the world, especially if you want to be a lawyer…
There’s been a lot of talk recently about the value of a law degree, and whether or not it’s actually worth a million dollars, degrees from some law schools are obviously worth more than others. Let’s be real for a moment here: If you’re taking out six figures of debt just for the privilege of attending, your starting salary damn well better be somewhere near the same amount, otherwise you’re going to be underwater for most of, if not all of, your adult life after law school.
Living with debt is scary, and if you want to have a better chance of being able to comfortably do all of the things you thought you’d be able to after getting a law degree, things like owning a home and having a child, you need to choose your law school wisely. You can start evaluating your options — or giving yourself a pat on the back — by checking out the latest U.S. News rankings for the 10 law schools with the biggest return on investment.
Which schools made the list? Not all of them are in the T14, so you may be surprised…
Pithy guides to getting into law school are not new. Indeed, we offer a comprehensive guide here at ATL. That said, a good guide mixes practical advice with honest counseling about what a student should really consider before blindly applying to Yale in hopes of being a “constitutional lawyer.”
Not every publication shares that view.
U.S. News & World Report has a new guide to crafting a successful T14 law school application that it’s peddling to its readers. Is there some good advice in the guide? Sure. Does it include shameless propaganda to entice students with no business applying to law school? Obviously.
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.
Things have changed recently in Korea – a few of our US and UK client firms are looking, very selectively, for a lateral US associate hire. Until just recently, there was not much hiring like this going on in Korea, since US and UK firms started opening offices there. We have already placed two US associates in Korea in the past month at top firms. Most of the hiring partners we work with in Korea do not actively work with other recruiters.
If you are a Korean fluent US associate in London, New York or another major US market, 2nd to 6th year, at a top 20 firm, with cap markets or M&A focus (or mix), or project finance background, and you are interested in lateraling to Korea to a top US or UK firm, please feel free to reach out to us at firstname.lastname@example.org or email@example.com. Our head of Asia, Evan Jowers, was just in Korea recently, and Evan and Robert Kinney will be in Korea in a few weeks. We are in the process of helping several firms open new offices in Korea (a number of which are interviewing our partner level candidates) and also helping existing offices there fill openings.
Professor Joel P. Trachtman has developed a unique, practical guide to help lawyers analyze, argue, and write effectively.
The Tools of Argument: How the Best Lawyers Think, Argue, and Win is a highly readable 200-page book, available for about $10 in paperback or e-book. Chapters focus on foundational principles in legal argument: procedure, interpretation of contracts and statutes, use of evidence, and more. The material covered is taught only implicitly in law school. Yet, when up-and-coming attorneys master these straightforward tools, they will think and argue like the best lawyers.
For most attorneys, time spent managing the books is a necessary evil at best. Yet it is undeniably a crucial aspect of running a successful practice. With that in mind, we invite you to view or download a free webinar by Above the Law and our friends at Clio to learn how to better manage your finances.
Take this opportunity to learn what it takes to streamline your accounting and get the most out of your time. The webinar agenda:
● The basics of accounting for lawyers.
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● Steps to prepare your tax return for your firm’s income.
Do not miss this crucial chance to optimize your accounting practices. Save time and get back to billing!