It seems like we’ve written about the general decline in LSAT administrations and law school applications ad nauseum. At this point, people know (or at least, they should know) that there is a problem with the legal education system in this country.
But according to U.S. News, that’s not stopping would-be law students from applying in substantial numbers. The leader in law school rankings recently compiled a list of the ten schools that received the most applications for full-time programs in 2011. At almost 75,000, the sheer number of applications remains astounding.
When looking at this list, we noticed a trend: all of the law schools are in the traditional first tier, and most of them are in major cities. But not everyone can get into these schools, and given the reported drop in admissions at Cooley, curiosity got the best of us.
So we created a top-ten list of the unranked schools that received the most applications last year — the cream of the crap, if you will. Is your school on either one of these lists?
Law school graduates both young and old are living under the heavy weight of student loan debt, but we don’t need to tell our readers that law school costs a pretty penny — they already know. The people who do need to know are those who are thinking of applying to law school. Those people need all of the information that they can get their hands on so that they’re able to make an intelligent decision when choosing a law school.
Unfortunately, there doesn’t seem to be a way to discern the actual debt loads that recent law school graduates are carrying, if only because law schools have been misreporting the average indebtedness of graduating students to both the American Bar Association and U.S. News and World Report.
Which law schools are guilty of this committing practice? The ABA claims that administrators from “a number” of schools have contacted the organization in order to correct their information about loan debt….
The main audience of the U.S. News Best Law Schools rankings is not meant to be law schools or law school deans—and the rankings should not be a management tool that law school administrators use as the basis for proving that their school is improving or declining. The rankings are produced primarily for prospective students as one tool to help them determine the relative merits between schools they are considering.
Today the ABA fined Illinois Law $250,000. The ABA also censured the law school.
The Chicago Tribune reports that this is the first time the ABA has fined a law school for inaccurate consumer information. I guess that’s a step in the right direction. Still, considering the average salary for an Illinois College of Law full professor is $194,624, it’s hard to see the fine meaning very much to the school’s operations…
If Congress wants lessons on how things work from Jamie Dimon, they should have to pay him a speaker fee or something.
* Another year, another survey that shows prospective law students care more about the U.S. News Law School Rankings than anything else when applying to law school. In fact, it’s the exact same number from 2010. Kids are dumb. [Kaplan]
* Everybody is worried about what will happen when computers replace attorneys. I’m much more interested in what will happen when computers replace hookers. [The Atlantic]
* If watching our Congress ask idiot questions of Jamie Dimon doesn’t make you feel like we need vastly more intelligent Congresspeople, maybe watching them fawn over Jamie Dimon will do the trick. [Dealbreaker]
* I really hadn’t thought of this — in addition to your huge educational debts, your parents are most likely out there spending your inheritance. I swear, if I ever spend money on more education, it’s going to be on a post-apocalyptic survivalist class. [Law and More]
* Former TSA lady gropes current TSA lady after inappropriate groping from TSA. [Threat Level / Wired]
* In real life, unlike Monopoly, a bank error is never really in your favor. [Legal Blog Watch]
* Do the Republicans have an abortion problem? [New Yorker]
* Happy Birthday, Lat! Check out the very cool gift (affiliate link) that he received in the mail today — signed by one of the authors. [Twitpic via Twitter]
This week, the law school press has been focused on the UC Hastings College of Law. Hastings Law Dean Frank Wu announced that his school would be voluntarily reducing its enrollment by 20 percent over the next three years.
The mainstream press has noticed, too. The Wall Street Journal did an article about Wu’s attempt to “reboot” legal education, and the Dean gave a long interview to USA Today.
Hastings isn’t the first law school to reduce enrollment, but the school’s move is more significant because of the rhetoric Dean Wu is putting behind it. Wu is making the philosophical case against huge law school class sizes in this challenging job market.
But is it all about changing the nature of legal education, or is Hastings being pushed into these moves by the familiar forces of disappointing employment statistics, and a desire to climb up the U.S. News rankings? Critics have said that the school isn’t “voluntarily” doing anything.
Then again, if Hastings is doing something objectively good for prospective students, maybe it doesn’t even matter how the administration came to the decision….
A few years ago, at a conference hosted by Penn APALSA, I had the pleasure of meeting Dean Jim Chen of the University of Louisville’s Brandeis School of Law. He gave a luncheon keynote address that was deeply thoughtful and inspiring. Attendees of the conference were quite impressed.
Students and staff at U of L have also praised Dean Chen. And he does have achievements to crow about (besides, of course, his glittering résumé and impressive record of scholarship). In the most recent U.S. News law school rankings, the Brandeis School of Law climbed 11 spots (from 100 to 89).
When law schools fall in the rankings, their deans often follow. But U of L fared well in the latest rankings. So why is Dean Chen departing?
Welcome back to our series of open threads on the latest batch of U.S. News law school rankings. Last time, readers weighed in on the law schools that traditionally made up what used to be the alphabetically listed third tier. Last year, however, the law schools that once constituted the “third tier” received the gift that keeps on giving: numerical rankings.
Today, we’ll be talking about the law schools that used to comprise the fourth tier, but now have a new name. These days, this segment of the U.S. News list is referred to as the “second tier,” and although they are all ranked, those rankings are not published (presumably because no one wants to brag about going to the worst law school in the nation).
Let’s use this post to discuss these schools, collectively or individually, and to compare and contrast….
Welcome back to our series of open threads on the latest batch of U.S. News law school rankings. Last time, readers weighed in on the law schools that made up the bottom half of the traditional second tier (no, not the U.S. News second tier). This time, we’ll be taking a look at what was once known as the “third tier” — a group of law schools that was previously unranked.
Just one year ago, these law schools were visited by Bob Morse, the U.S. News rankings fairy, who left a now-treasured numerical rank under each of their pillows.
Let’s see if there were any movers and shakers this year in this section of the list….
A college graduate without student loan debt is akin to reading a kind quote about Kim Kardashian in a tabloid—it’s rare.
In the past eight years, student loan debt has nearly tripled to a whopping $1.1 trillion, and in the past 10 years, the percentage of 25-year-olds with such debt has risen from 25% to 43%
It’s gotten so bad, in fact, that New York Fed economists warned last month that the burden of student debt could stilt consumer spending by twentysomethings, as well as further hamper the recovery of the housing market and economy.
To get a better idea of what massive student loan debt (we’re talking over $100,000 massive) looks like, we talked to an attorney who graduated with a large student loan debt. We also consulted LearnVest Planning Services CFP® Katie Brewer to see just how their repayment plans stack up.
S. Fischer, 36, Attorney Graduated: 2001
How Much I Borrowed: $100,000
What I Still Owe: $45,000
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Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: firstname.lastname@example.org.
Deal flow has clearly picked recently up for most US associates, counsels and partners in Hong Kong/China and Singapore. We are on the phone with a lot of these folks on a daily basis, many of whom we have known for years. Further, the head of our Asia team, Evan Jowers, and Kinney’s founder and president, Robert Kinney, frequently meet in person with leading US partners in Asia to assess their needs and keep on top of the inside scoop at as many firms as possible. The need for legal recruiting help in Asia from experienced recruiters appears to be live and well. In March, Evan and Robert were in Beijing at such meetings, in April, Evan was in Hong Kong, and for half of June Evan will be in Shanghai and Hong Kong. Thus its pretty easy for us to tell when there has been an across-the-market pick up in capital markets and corporate work.
On an average day in Asia when Evan and Robert visit firms, they typically have 5 to 9 meetings a day, mostly with US partners in the market. The reason they have these meetings is not simply because Kinney makes a lot of US attorney placements in Asia and that a particular firm may have openings; instead these are just visits with friends. After years of working together as business partners, the folks at Kinney are actually these peoples’ friends. The firms Kinney work closely with in Asia (which is just about every law firm – call us if you want to know the one firm in the world we will never place anyone with again, ever, and why) look forward to the visits, or at least act like they do. After seven years in the market, many of the client partners are former associate candidates. Also, these US partners see Kinney as a very good source of market information as well, because they know how deep their contacts are in the market and how frequently they are speaking to counterparts at peer firms.
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