Today, April 15, is Tax Day. But it’s an important day for another reason as well: it happens to be the day that some law schools want to hear back from applicants — and collect their deposit checks, of course.
Let’s close out our series of posts soliciting advice on picking a law school with three fact patterns. All of them involve at least two members of the so-called “T14,” the nation’s 14 leading law schools according to the U.S. News rankings….
Dear internet, make me a graphic like this, only for law school prices and with, like, a student crying or something.
So we’re all going to vote tomorrow, and then on Wednesday most of us are going to wake up with the same old problems. I’m going to need to lose some weight. Romney’s going to be an unemployed rich guy nobody likes. And America’s law students are going to wake up in the middle of the night worried about getting jobs.
Last week, the Washington Post wrote an important article on the abysmal state of the legal job market. It sounded notes that are familiar to regular readers of Above the Law, but I feel that whenever the facts about legal education make it into the Post or the New York Times, it’s important because parents see it there. The more parents know, the less likely they are to push their kids into law.
While most of us know the broad picture (it’s a figurative disaster), it is still fun to pick through rubble….
Continue reading “Washington Post Hops On The ‘Do Law Students Know How Stupid They Are’ Bandwagon”
Ever since the UC Irvine School of Law opened its doors in 2009, the fledgling institution has been garnering rave reviews. It has already been labelled one of the most selective schools in the country. Every single member of its inaugural class had a job last summer. And that same first class goes to school for free.
Over the weekend, the emerging West Coast powerhouse added a new impressive statistic to its quickly filling trophy case. This year, the school boasts one of the highest federal clerkship placement rates in the country.
Keep reading to see which elite law schools have been edged out by UC Irvine….
Continue reading “UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else”
Judge Vaughn Walker: He's here, he's queer -- deal with it.
* An associate in the New York office of Gibson Dunn, Moshe Gerstein, has been hit with child pornography charges. (More coverage to come; if you know him personally and have info to share, please email us.) [New York County District Attorney's Office]
* Motion to vacate the Proposition 8 decision, on the grounds that (now retired) Judge Vaughn Walker is gay and has a partner, DENIED. [Poliglot / Metro Weekly]
* Vivia Chen has some advice for married couples trying to juggle their careers and domestic duties: “Keep mom on the job, and get dad a fresh apron.” [The Careerist]
* Confession of an affirmative action baby: “It pains me to say this, but putting down black might help my admissions chances and putting down Asian might hurt it.” [Althouse]
* Congratulations to UC Irvine Law on winning provisional accreditation from the ABA — and condolences to the University of La Verne College of Law, which just lost it. [National Law Journal]
* How is a constitution like a computer operating system? Professor Glenn Reynolds has some interesting thoughts on the subject. [SSRN via Instapundit]
* Meanwhile, Mark Steyn wants to know: “Is Every Lesbian Blogger a Middle-Aged Man?” [National Review Online via Instapundit]
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney
Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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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 six years. You can reach them by email: asia@kinneyrecruiting.com.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
Keep reading »
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