Faculty Buyouts

It looks like yet another law school has decided to cast out its largest cost centers: tenured faculty members.

Which law schools have shed the most full-time faculty of all?

Which law school may soon have fewer tenured professors?

Should tenured professors take the money and run, or risk staying behind at a school whose standards for admission may drop even lower?

* “Instead of ordering the Marshal to permit a desegregated Christmas party at the Court, the Court hosted no party at all.” Justice Felix Frankfurter wrote in his diary of the SCOTUS Christmas party that never was due to the high court’s unspoken racism. [Supreme Court Brief]

* We know of at least one lawyer who may be receiving a lump of coal in her stocking. A former partner of two major New York City firms allegedly stole millions of dollars from them to live a life of luxury. We’ll have more on this later today. [Bergen Record]

* Since “interest in law schools [is] dwindl[ing] nationally,” the easiest cost-cutting measure comes in the form of faculty buyouts at another school. Don’t hate the playa, hate the game, law professors. It’s a “necessary” evil these days. [The Advocate]

* President Obama is going to nominate Sally Quillian Yates, U.S. Attorney for the Northern District of Georgia, for the position of deputy attorney general. If confirmed, there’ll be two women at the top of the DOJ. Yay! [Miami Herald]

* Guess who just got promoted to partner at Boies Schiller & Flexner? It’s none other than Joshua Schiller, the son of the firm’s cofounder and managing partner. Aww. That’s the most precious thing ever. We just want to pinch his cheeks. [Am Law Daily]

* Before you submit your law school applications, you should probably make sure that you’ve read and followed all of the instructions, because just in case you forgot, you’re applying to follow instructions for a living. [Law Admissions Lowdown / U.S. News]

It turns out that subway ads cannot turn around a law school.