Ward Bower
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Morning Docket
Morning Docket: 03.18.16
* “In 2 to 4 years, a University administration will shut down a top law school and we may never see it coming.” Uh-oh! Is a top law school really going to close? This law professor seems to think so, and she’s pointing the finger at Minnesota Law, which has been experiencing a slew of financial troubles due to its enrollment issues. [Forbes]
* “The employment numbers were very high in a huge economic downturn and it just felt suspicious. I decided to stand up for myself and others.” Anna Alaburda, who sued Thomas Jefferson School of Law over its allegedly deceptive job statistics, took the stand this week, where she spoke about her failed legal career. [Courthouse News Service]
* “The record number of deals in 2015 is a reflection of the intense competition among law firms for new work, and we expect the market to remain hot in 2016.” Oh boy! If you think 2015 set a merger record, you ain’t seen nothing yet. We should apparently be expecting even more law firm merger mania this year. [Chicago Daily Law Bulletin]
* Why on earth would a partner leave a firm like Munger Tolles, with profits per partner of $1.9 million, to go to a firm like Dentons, with profits per partner of $680,000, a considerably lesser amount? What’s in that Biglaw behemoth’s special sauce that’s so amazing? It’s the “irresistible” opportunities. [Big Law Business / Bloomberg BNA]
* As many of our readers have had the displeasure of experiencing firsthand, law school tuition can be absurdly expensive. If you’re wondering which school took home the prize of being the most expensive for the 2015-2016 school year, it’s Columbia Law, with a shocking sticker price of $62,700. Ouch, that’s painful. [U.S. News & World Report]
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