* Kodak got the go-ahead for a $950M bankruptcy financing deal. Just think, if you had taken pictures using a film camera instead of a digital one, we probably wouldn’t be telling you about this. [Bloomberg]
* Rod Blagojevich will report to prison for his 14-year sentence on March 15, and he hopes to do so with “dignity” (i.e., no cameras). But you can be damn sure he’ll have his hair did, just in case. [Chicago Tribune]
* To be fair, the University of Maryland School of Law doesn’t really have time to worry about that parking job. The university might have to pay up to $500K in legal fees thanks to a lawsuit filed by the school’s environmental law clinic. [National Law Journal]
Yesterday, we brought you news of a job opportunity that is currently available on the University of Maryland School of Law’s Symplicity job bank. When we first wrote about the listing, we called it a “career services nightmare.” After all, the job had more to do with orange parking cones than the law.
As it turns out, the powers that be at Maryland Law weren’t very happy that Above the Law called them out. Instead of hanging their heads in shame for trying to sell a job as a parking garage manager to its students, the career development office issued a vigorous defense of this exciting opportunity in vehicular supervision and coordination.
The email was written by the assistant dean for career development herself. What did she have to say?
It was rumored that the law school’s dean, Phoebe Haddon, fought valiantly to keep tuition from rising due to students’ hefty debt loads and the “impact of the economic downturn on the legal employment market.” At the time, we gave Maryland Law major kudos for protecting its students from tuition increases. Now, we wonder if a just little more tuition money would have prevented this career services nightmare.
As it turns out, even students who attend a top 50 law school are in danger of landing awful jobs, especially when the career development office is offering up gems like this one….
Over a year ago, Lat and I had a good debate about whether a student already in law school should finish the effort or drop out and cut his losses.
Somewhat predictably, I advocated getting out while the getting was good.
I don’t know what happened to that student. But I recently came across a student who was a part of the class of 2010 and dropped out, voluntarily, in 2009. Yeah, I found a guy who saw the writing on the wall after the dark days of 2008, had the foresight and the bravery to quit throwing good money after bad, and left law school.
Sure, I found him now that he’s unemployed and literally running out of food as we speak. But that’s hardly the point. The point is that he’s doing something exciting with his life. The point is that he’s still alive, and still trying to make a difference in this world.
And trust me, if you ever are living in a world overrun by zombies, you’re going to want to make your way to this guy’s house. He’ll be prepared for the worst….
* Did you get an email from Paul Ceglia about enlarging your penis? If so, it’s because lawyers at Gibson Dunn exposed the fraudster’s passwords in a court filing last week. Oops. [Bloomberg]
* A computer hacker in California got six years for sextortion and cyberterrorism. Ladies, this is just another reason to save your nude pictures on your flash drive, not your hard drive. [CNN Justice]
* An Ohio man who stopped paying into the office lottery pool is suing for a share of his co-workers’ $99M jackpot. You get what you pay for, and in this case, it should be nothing. [Fox News]
There has been a lot of talk in the media lately about how law schools are failing to adequately prepare recent graduates for the working world. Because after having your nose in a book for three years, let’s face it, you probably don’t know how to do “useful things with the law” that would actually help a client.
And in the spirit of killing two birds with one stone, law schools may soon have a solution for both of these problems. Instead of inventing temporary jobs to make you “practice-ready,” they might invent a whole law firm….
If your law school sells its naming rights but keeps tuition flat, would you protest? That’s the question facing students at the University of Maryland School of Law. They woke up on Monday morning to find out that instead of going to an easily identifiably state law school, they’ll soon be going to something called the Francis King Carey School of Law.
(Good thing you can spell that name without the letter ”T.”)
Of course, so long as U.S. News keeps identifying the school as “Maryland” in some fashion (the same way that “Levin School of Law” never obscures the University of Florida affiliation), I doubt this name change will affect how the school is regarded. And since Maryland is not raising tuition, the administration needed to raise cash in some other fashion.
So all things considered, I’m guessing Maryland Law students are pretty happy with this outcome. Right?
Yesterday we talked about a couple of schools that fell in this year’s U.S. News law school rankings, whose deans promptly devoted school-wide emails making excuses for their programs dropping. Predictably, they criticized U.S. News’s latest methodology, even though this year’s formula did a better job of focusing on factors law students actually care about (like jobs, not donuts).
We asked you to send us other responses from law school administrations regarding this year’s rankings. And, ye Gods, foot soldiers with no clear mission or exit strategy in Afghanistan aren’t bitching and moaning as much as law school deans are just because U.S. News prefers schools that get their students jobs. If these crybaby deans could care about the employment outcomes of their students half as much as they care about the U.S. News rankings, then going to law school wouldn’t be such a financially dangerous option and their schools would do better in the rankings.
Today I just want to focus on a few schools that did better in the rankings this year, yet still found the time to bitch about U.S. News. You expect schools that drop to be dismissive of the rankings, but when schools that are bathed in rankings glory are unsatisfied, that’s a little bit more interesting….
It’s a sad state of affairs when a law school holding the line on tuition is breaking news. But with nearly every other law school rushing to bilk students who will pay anything for a legal education (law schools at Stanford, Arizona State, and Minnesota spring to mind), it’s nice to see at least a couple of schools that regard their students as something more than profit centers.
Maryland announced its tuition freeze in December. The National Law Journal reports that Miami recently announced it would be maintaining a tuition freeze already in place. Now UNH Law is joining their ranks. There’s still plenty of room on this bandwagon if your law school would like to take a brief break from molesting your financial future.
Not that UNH Law is cheap, especially for a third-tier law school. But this tuition freeze is another indication that UNH is at least trying to think about legal education in a somewhat realistic way…
Our coverage of UMB hasn’t always been kind. See, e.g., discussion of former Dean Karen Rothenberg’s controversial pay packages (here and here).
This time, though, Maryland Law is doing the right thing. In a time of strained state budgets, it has succeeded in holding the line on tuition increases (which, as we’ve discussed, are running rampant throughout the law schools). UMB law students won’t see their tuition go up next year, academic year 2011-12, even though students in other schools at the university will.
How did Maryland manage this feat? Let’s take a look — which might prove instructive for other law schools….
When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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: email@example.com.
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