Scrooge McDuck must have attended the right law school.
Another day, another set of law school rankings. The world’s appetite for these things knows no bounds. Earlier this week, we covered U.S. News & World Report’s best law schools as ranked by law firm recruiters — and the reader interest and traffic were off the charts. Apparently there’s no such thing as “rankings fatigue.”
(Wait until we launch our list of law schools ranked by the quality of the toilet paper in their public restrooms. Because that’s something that actually matters to law students — probably more than, say, the number of volumes in the library, or even the square footage of the place.)
Today we bring you law school rankings by Forbes. The eye-catching title of Kurt Badenhausen’s post: “The Best Law Schools For Getting Rich.” Because you all went to law school in the hopes of becoming rich, right?
(If so, that was pretty dumb. According to some observers, a junior associate’s salary means you’re poor, and even a midlevel- to senior-associate salary doesn’t make you rich. Partner-level compensation is better, but even a million or two won’t get you access to the top slam pieces.)
Okay, let’s take a look at this list of law schools ranked by their graduates’ median compensation. Some of the schools on it may surprise you….
Harvard Law is #1, according to law firm hiring partners.
We mentioned them briefly in Morning Docket but didn’t do more, figuring that perhaps you might have rankings fatigue. But we were wrong; apparently you can’t get enough of law school rankings. (This really shouldn’t surprise us, based on the traffic we got for this rankings post, and even this one.)
We’ve received several emails asking us for more coverage. And our friends at the ABA Journal and the WSJ Law Blog devoted full posts to them.
So let’s get into them: the latest law school rankings generated by U.S. News & World Report, namely, law schools ranked by law firm recruiting personnel. Which schools made the top ten?
As many of you know, one of our running features here at Above the Law is Lawyer of the Day. We don’t literally name one every day, but we like to keep you informed of the famous and infamous lawyers of the world. At the end of the year, we give you guys an opportunity to vote for a Lawyer of the Year.
Apparently you guys like to vote on lawyers, so why limit the experience to once a year? Above the Law has decided to let you crown a lawyer every month. We’ll pick the nominees (going forward, feel free to submit nominees to us at email@example.com, and you’ll vote for the most deserving. There are no specific criteria — just vote for the lawyer or lawyers you think most deserve the title.
[N]eedless to say, I have not read the nineteenth edition. I have dipped into it, much as one might dip one’s toes in a pail of freezing water. I am put in mind of Mr. Kurtz’s dying words in Heart of Darkness — ‘The horror! The horror!’ — and am tempted to end there.
— Judge Richard Posner, in a scathing Yale Law Journal review of The Bluebook: A Uniform System of Citation (19th ed.).
If everyone hates this lady, why is her book selling so incredibly well? Battle Hymn of the Tiger Mother has been a blockbuster, ranking in Amazon’s top five last week. Parents have had no trouble laying down $25 and sacrificing five hours of late-night television to soak up Chua’s story.
Jed? Yes, Jed. Ms. Chua’s husband plays a large role in this story, even if he is made to sound like her hapless foil. He is presented as a handsome, charming and amazingly patient man, especially since his mother and wife had some similar traits. (His mother, according to the book, was once “aghast” at the cheeses Ms. Chua chose for a party and demanded better ones.)
Jed is the fixture without which Ms. Chua’s book would not be possible. And he is often wrong, wrong, wrong about child rearing, which means that the reader will think he is right.
Everybody loves law school rankings, but these are special. These rankings are not based on a formula developed in secret by statisticians or prestige gurus. These rankings are put together by you. By us. By the mass of humanity that makes up the general mob. These rankings are crowdsourced.
The Conglomerate is putting together rankings based on what we think. But they’re not going with a straight popular vote. Instead, they’ve got a brilliant set up where they ask you to make a series of comparisons. Which law school do you think is better: SMU or Maryland? The rankings are based on answers to almost 200 questions like that.
I only answered 20 questions, but I’ll do the rest as soon as I get a free moment. It’s fun. Widener or Arkansas? Connecticut or Hastings? Screw what U.S. News thinks, what do you think?
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When Chintan Panchal decided to leave a global BigLaw partnership to start his own firm, he could only hope that he would face the high-quality problem of firm building that many had cautioned him about. Focused on the uncertainty surrounding of a new firm launch, he decided to tackle staffing needs, IT challenges, and financial planning requirements after he had built up his legal practice.
Panchal Associates LLP–a corporate/finance and outside general counsel boutique–was quickly off to a great start. Clients and matters were flying in the door, and Chintan soon had a team of lawyers and staff with a variety of operational needs. To continue building an excellent team and provide them with a competitive benefits package, to expand his physical presence to include a European practice and additional partners, and to scale his operations and IT capabilities to support this growing enterprise brought with it demands of time, money, and expertise. Chintan knew he needed help.
“With the assistance of NexFirm, we have upgraded the capabilities of our firm to meet, and in some cases exceed, the standards we were used to at our former BigLaw firms. Operationally, we can now attract and service clients we didn’t have the bandwidth to support in the past, and continue to build our team with the best and brightest legal talent in the industry,” said Chintan Panchal, adding “It has worked out quite well in our case; NexFirm is an essential partner for us.”
The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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