Yield Protection

Some of the law schools prospective students were most eager to attend might surprise you.

* The Senate approved a bill that will keep the government running through September, and it will likely pass in the House, but much of the sequester is still in place. I think we’re supposed to be excited about this. Uh… yay? [Wall Street Journal (sub. req.)]

* Douglas Arnsten, the former Crowell & Moring associate who embezzled $10.7M in client funds and spent it at fancy restaurants and strip clubs, has been officially disbarred in New York. But he was just trying to support single moms. Sigh. [Am Law Daily]

* Sorry, folks, but you’re going to have to continue taking the LSAT in order to get into law school because the ABA says so. Drop that $118 into the burgeoning money pit that is law school, stat! [National Law Journal]

* For all of that work allegedly spent trying to protect their yield rate, UVA Law didn’t even make the Top 10 list of the most popular schools. You might be surprised at some of the schools here. [U.S. News & World Report]

* You must remember that time when the University of Texas Law School Foundation authorized $5.5M in forgivable loans to faculty. Well, now the regents are calling for a probe. Yikes! [San Antonio Express-News]

A tipster alleges some shady practices from UVA Law's admissions office...