There’s been a lot of talk recently about the value of a law degree, and whether or not it’s actually worth a million dollars, degrees from some law schools are obviously worth more than others. Let’s be real for a moment here: If you’re taking out six figures of debt just for the privilege of attending, your starting salary damn well better be somewhere near the same amount, otherwise you’re going to be underwater for most of, if not all of, your adult life after law school.
Living with debt is scary, and if you want to have a better chance of being able to comfortably do all of the things you thought you’d be able to after getting a law degree, things like owning a home and having a child, you need to choose your law school wisely. You can start evaluating your options — or giving yourself a pat on the back — by checking out the latest U.S. News rankings for the 10 law schools with the biggest return on investment.
Which schools made the list? Not all of them are in the T14, so you may be surprised…
Pithy guides to getting into law school are not new. Indeed, we offer a comprehensive guide here at ATL. That said, a good guide mixes practical advice with honest counseling about what a student should really consider before blindly applying to Yale in hopes of being a “constitutional lawyer.”
Not every publication shares that view.
U.S. News & World Report has a new guide to crafting a successful T14 law school application that it’s peddling to its readers. Is there some good advice in the guide? Sure. Does it include shameless propaganda to entice students with no business applying to law school? Obviously.
Does the amount of money a law school spends necessarily have an effect on the quality of its legal education?
Here at Above the Law, we say no. Our Law School Rankings take a look at the outcomes law schools provide for their graduates, not the inputs law schools cast into the pot.
But U.S. News still looks at many input factors in evaluating law schools. One of the most notorious factors U.S. News cares about is faculty resources. U.S. News rewards schools for spending a lot of money on the faculty per admitted student. You can kind of see the thought process there: good schools hire good professors and good professors command higher salaries.
Unfortunately, this U.S. News factor creates perverse incentives. Schools with unreasonably high tuition are rewarded for overpaying faculty, at the expense of the debt burden loaded upon their students and recent graduates. Ranking one school better than another because it engages in profligate spending is a cruel joke in this economy.
We don’t know if U.S. News will stop this madness, but yesterday the American Bar Association decided to stop asking schools to report the figure…
* Sorry ladies, but Seth Meyers is now engaged. To a lawyer of all people. Alexi Ashe of AC Investment Management graduated from Southwestern University School of Law and previously worked at the King’s County District Attorney’s Office, Human Rights First, and the Somaly Mam Foundation. [Gawker]
* A D.C. law firm is giving away its law library. An unscrupulous law school could bolster its U.S. News ranking because they count the number of volumes in law libraries even though no one has used a bound legal reporter in a decade. [Constitutional Daily]
* “But, soft! what light through yonder window breaks? And does it rise to the level of nuisance?” Just one gem over on this Tumblr. [Shakespeare Takes the Bar Exam]
* The Ohio Supreme Court may hear a speeding ticket case because there are no more pressing issues in Ohio. [USA Today]
* Pharrell is suing will.i.am because the latter seems to think he owns a trademark in every sentence with “I am” in it. And Pharrell quotes from noted legal authority Dr. Seuss. [Jezebel]
* Does Dwight Howard’s decision to sign with the Rockets highlight how state taxes pose a hidden threat to league parity? [TaxProf Blog]
* Still hankering for Supreme Court discussion? Here’s a thorough roundtable examination of the previous term. [Construction Magazine]
* Have a good legal-themed short fiction idea? Enter the ABA Journal’s Ross Writing Contest and you could win $3,000. [ABA Journal]
It’s tough times over at U.S. News. After shedding nearly all pretense of being a news outlet, U.S. News threw all its eggs in the “telling people where to go to school” basket.
U.S. News enjoyed a virtual monopoly for years before someone came along and created a better law school ranking system. The crux of the ATL Top 50 ranking is focusing on post-graduation results rather than LSAT/GPA inputs.
Now U.S. News seems to be considering a new post-graduation component, but it doesn’t seem all that scientific…
The headline comes from a tipster, but I think it perfectly sums up the Cardozo note in their latest alumni newsletter. Cardozo has issued an intellectually soft apology that admits what they did, but completely glosses over why they did it. “Aww shucks, we’re just goofy!”
I almost feel bad for Cardozo. Yesterday, we reported on how Cardozo was trying to convince the class of 2011 to give money to the school on the theory that even a small donation will help the school move up in the U.S. News law school rankings, thus increasing the “value” of a Cardozo Law degree. Yeah, the campaign isn’t about how giving more money will deliver more value to Cardozo students in terms of job opportunities or educational experience. It’s just a hard sell that a higher ranking equals “value,” and an instruction on how Cardozo alums can help the school game the system.
And it turns out that the strategy isn’t even an effective way to game the rankings. The school is actually wrong about how the rankings work.
Look, I have to be one of the foremost authorities on “stupid things law schools do” in America. I believe I meet all of the Daubert requirements to be qualified as an expert on this topic on the Internet. In my expert capacity, I hereby testify that this Cardozo thing is the dumbest alumni giving campaign I’ve ever seen….
And now back to our regularly scheduled programing. We join this episode of “My Law School Nearly Got Away With It,” already in progress.
We all know that law schools do all kinds of things to game the U.S. News law school rankings. U.S. News knows this, yet does little to stop this behavior. But rarely do we catch a law school red-handed.
Here, we have a school openly calling upon its students to do something for the express purpose of increasing the school’s U.S. News rank.
Even more embarrassingly, the school is targeting a class of graduates who have generally not had much luck in the employment market. The email suggests that the way to increase the value of their law degree is to give money to the school, since right now it’s not good enough to get them a job…
(Please note the important UPDATE at the end of this post, a punchline of sorts.)
Dean Kenneth Kleinrock received his BA from Queens College (CUNY), magna cum laude and Phi Beta Kappa (1975), his M.A.T. from Duke University (1977), and his Ed.D. from Teachers College, Columbia University (1987). In 1989, Mr. Kleinrock joined the admission staff at the New York University School of Law. He began as Director of Recruitment and Admission Services, and became Executive Director of Graduate Admissions in 1997. He was named Assistant Dean for Admissions in 1998 and became Associate Dean for Admissions in 2012. Currently, Dean Kleinrock oversees the offices of J.D. Admissions, Graduate Admissions, and Student Financial Services.
In case you haven’t heard by now, the number of people who are putting down money to take the LSAT is at a 30-year low. But some people are absolutely reveling in the the dearth of competition — with the extreme drop-off in applicants over the last three years, now is obviously the best time to apply to law school.
With the June administration of the LSAT less then a week away, there’s no better time to wave high scores in prospective law students’ faces. There’s also no better time to show these 0Ls the scores they shouldn’t be aiming for on this exam.
U.S. News compiled a list of the law schools with the highest median LSAT scores, and we compiled a list of the law schools with the lowest median LSAT scores. Here they are….
Hey, have you read Above the Law for like one single minute in the past month? If so, you probably know that we’re having this big blogger conference on March 14th at the Yale Club. Yeah, the Yale Club. You’ll be able to recognize me: I’ll be the only big… blogger guy surreptitiously holding a can of crimson spray-paint.
Speaking of coming, you should come. We’ve got CLE and all that. Click here to buy tickets to get CLE credit for listening to bloggers scream about stuff on the internet.
To refresh your memory, details on the panel that I’m moderating — almost entirely sober, mind you — follow.
My panel is called Blogs as Agents of Change, and we’re going to talk about whether all of these spilled pixels are actually making a difference. You know my view… just ask Lawrence Mitchell, but here are the panelists:
So you spent a considerable amount of time courting, selling and maybe even doing some friendly stalking of that attractive lateral partner candidate with a sizable book. After he or she ignored your emails and didn’t return your calls, a few weeks go by and you read a press release in the legal media announcing the recent move to a competing firm.
Rats. Another one got away from you. You cringe when you consider how much time was spent in meetings that did not bear fruit. Your heart aches when recall how you were led to believe this was a marriage made in heaven.
You have been rejected.
The sting of rejection is painful, even for fancy law firms. But you need to find a way that you can turn this disappointment into a legitimate learning experience.
No, this isn’t a pre-party before we come back next fall for the real thing. This IS the real thing. Quinn Emanuel is pushing the envelope on recruiting. The party is now. This is when you meet the partners and associates face to face. This is when we begin the dance that could land you an offer for your second summer BEFORE school starts in the fall.
First: You come to the party. Second: If you like us, you send your resume after June 1, 2014. Third: If we like each other, you get an offer.
We’re not waiting for fall. We’re not doing the twenty minute thing. This party is the real thing!
We hope you’ll join us, and look forward to meeting you.
The traditional job application and interview process can be impersonal, and applicants often struggle to present themselves as more than just the sum of their GPAs, alma maters, and previous work history. ATL has partnered with ViewYou to help job seekers overcome this challenge. ViewYou NOW Profiles offer a unique way for job seekers to make a personal, memorable connection with prospective employers: introduction videos. These videos allow job candidates to display their personalities, interpersonal skills, and professional interests, creating an eDossier to brand themselves to potential employers all over the world. Check it out today!