We know how much our readers love rankings, so for your viewing pleasure, we present to you the National Jurist’s sixth annual list of the Best Value Law Schools. This year’s Best Value ranking system takes into account the following criteria: tuition (25% of study), cost of living expenses (10%), average indebtedness upon graduation (15%), the percentage of graduates who got a job (35%), and bar passage rates (15%).
We’ve covered these rankings before. As in years past, National Jurist ranked only the top 20 schools, and has given letter grades to the rest of the schools on the list, ranging from A- to F. But this year, because of the uproar about transparency in employment statistics, the National Jurist’s rankings include adjusted weights for employment percentages based on 12 different categories.
National Jurist also paid special attention to average graduate indebtedness this year — and by “paid special attention to,” we mean that the publication hasn’t been following the news about the incorrect debt figures that were being used by law schools to pimp their programs like low-rent street walkers.
Check and see if your school made the grade this year….
Back in August, we reported on National Jurist’s fifth annual list of the 60 Best Value law schools. The Best Value ranking system takes into account the following criteria: in-state tuition, average student debt, the percentage of graduates employed nine months after graduation, and bar passage rates.
Two months ago, the list was unranked, but the final tallies for the honor roll have now arrived. As in years past, in addition to the rankings, National Jurist has given letter grades to the rest of the schools on the list, ranging from A- to F. Wouldn’t you hate to be a student or an alumnus of a law school with a failing grade?
Check and see if your school made the grade, after the jump….
Now this is an interesting list. Yesterday we wrote about how the National Law Journal ranked law schools based on how many graduates they send straight into large law firms. Even if you think law school is a “scam,” you have to at least acknowledge that it’s a pyramid scheme. There are some winners. There are some people who mortgage their financial futures but are then rewarded with $160,000-a-year jobs right out of school. (Yes, I’m suggesting that billing 2400 hours a year, locked in a windowless conference room, reviewing some stupid emails or lease agreements, is a “reward” — just go with it.)
As we discussed yesterday, you can look at the list in many different ways, and quibble with certain aspects of it. The ranking doesn’t account for schools who send people into Article III clerkships, for instance. And you should note that getting a Biglaw job isn’t the be all and end all of a successful law school experience.
Still, given the cost of law school, it’s a very useful list. And today the NLJ looks at its rankings through what is to my mind the most important lens: which schools will do the best job of getting you a Biglaw position, while charging you as little as possible for the opportunity. That’s the question more prospective law students should be asking.
The answers that the NLJ comes up with are simply awesome….
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