Some people believe that attending a “top 14″ law school will magically guarantee you a job. If that’s the case, why are so many “T14″ law students trying to force their way into law offices?
Or, to be more precise, law school offices. A few months ago, we wrote about a UVA law student who was charged with breaking and entering. The space in question: the registrar’s office. The police alleged that the student might have been trying to steal transcript paper.
Could that have been the beginning of a trend? Over the holiday weekend, two students at another leading law school were arrested after an alleged break-in….
Way back in 2008, I noted with skepticism the University of Michigan’s “Wolverine Scholars” Program. I wasn’t the only one. The initiative allowed Michigan undergraduates with very high GPAs to get into Michigan Law without having to take the LSAT.
The program seemed like a pretty obvious attempt to game the U.S. News rankings. It’s so obvious that the now disgraced former Dean of Admissions for Illinois Law, Paul Pless, who had a similar program at his school, had this to say about it:
I started a new program for U of I undergrads to apply in their junior year and we don’t require the LSAT. We have additional essays and an interview instead. That way, I can trap about 20 of the little bastards with high GPA’s that count and no LSAT score to count against my median. It is quite ingenious.
Pless was talking about Illinois’s iLeap program, which was substantially similar to the Wolverine Scholars program at Michigan.
The Pless quote came out earlier this month, as the admissions director was being ushered under the bus by Illinois Law as the “lone gunman” for its embarrassing admissions scandal.
With the spotlight on a Big Ten school that manipulated admissions statistics for years, Michigan very quietly canceled its Wolverine Scholar Program.
There’s been much less fanfare about the end of the program than there was about its start. In fact, we obtained FOIA documents that contain various emails from Michigan Law Dean Evan Caminker and Dean of Admissions Sarah Zearfoss.
They talk about the program, and the how “the blogs” are covering it….
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: