Welcome back to our series of open threads on the latest batch of U.S. News law school rankings. Last time, readers weighed in on the law schools that made up the top half of the traditional second tier. And when we say the “traditional second tier,” we’re harkening back to a time when not all law schools with numerical rankings were classified as “first tier” educational institutions — a time when not all law deans could defend their law school’s rank by telling students and alumni that the school was still in the “first tier.” It’s not an elitist thing, we promise. It’s just much, much easier this way.
That being said, today we’ll take a look at the schools ranked #76 through #98 (where there’s a four-way tie). What does it take to be recognized as a Top 100 law school by U.S. News these days? Apparently your graduates need to be employed….
* So now the Tulsa law dean is making it sound like the babysitting gig was just one of the many heroic efforts Tulsa undertakes to make sure students can make ends meet while in law school. This from a school that charges $32,056 per year plus another $7,993 for room and board for the privilege of attending the #99 law school in the land. Oh, but presenting babysitting opportunities is a way that the administration can help. [TU College of Law Blog]
* This is how 90% of my conversations go when somebody asks me if they should go to law school. The other 10% end in fisticuffs and comfort eating. [Constitutional Daily]
* If a law professor uses a hypo this fall based on 50 Shades of Grey (affiliate link), please whip it out (your camera phone) and give us a load (of that hilarious video). [Law Librarian Blog]
We’ve done a surprising number of stories about law school career service officers who push babysitting gigs on their unemployed students. I say “surprising” because after our first story, you’d think law schools would figure out that law students don’t like being put up for jobs that they could have secured in high school.
Since that first one, most CSO personnel and other law school staffers have figured out that babysitting jobs are best when the employer is a professor or somebody else connected with the law school. Then it’s less of a “career of last resort” and more of “helping out a member of your community” (who happens to be well-connected).
But it looks like one school has regressed to the point of just insulting its students with a babysitting ad that kind of rubs salt in the unemployment wound….
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: email@example.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.
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