Postmortem on the 2010 Westlaw Professionalism Panel & Thoughts on Attorney Oversupply

You probably don’t know this, but I sat on a Westlaw Professionalism webcast panel on December 30th.  Towards the end, I laid out what the tuition bubble is and remarked how the ratio of attorneys per capita has dropped from 695:1 in 1951 to 264:1 in 2000, and that one projection sighted it at 100:1 [...]

No Bubble, Just ROCK!!! Vol. 3

I wish I could say that I’ve been enjoying Winter Break too much to blog or that I’ve been neglecting it for a week, but truth be told I’ve been working on a small quantitative project I will roll out in 2011.  Until then, I’ll close the year with some Rock ‘n’ Roll. I dedicate [...]

White Light/White Links—US News Dumped Its Second Tier?

I think it’s a bug with the website.  See for yourself. (1) Debra Cassens Weiss, “After a Blogger Questions ‘Rankings Malpractice,’ US News Makes a Secret Change,” The ABA Journal More importantly (and this is old news I did not know from last May), US News will change its formula for automatically penalizing law schools [...]

Dialogue with an Affable Law School Dean, Part 2

Read Part I here When we last left our hero, Dean had just asked him why reputation should be the sole standard for any given law school’s continued existence post-tuition bubble.  LSTB was also moments away from deciding to accept the dean’s offer of the remaining portion of his clementine.  Will Leichter take it??  FIND [...]

Dialogue with an affable Law School Dean, Part 1

I received the privilege of discussing the state of legal education with a law school dean—the one inhabiting my mind.  He quite congenially accepted me into his office during finals.  Here’s the conversation in dramatic form, with illustrations, naturally. **********   [Sound of door knocks] Dean: Come in! [LSTB (I go by that in the [...]

Velvet Underlinks–Pyromaniacs at ‘Wisconsin Lawyer’?

5 topics, behold: (1) Martha Neil, “Another New Law School Is Proposed: U of Del. Wants to Open State’s First Public Option,” in The ABA Journal Elie Mystal, “University of Delaware Starts the New Law School Process,” in Above the Law Wade Malcolm, “Elite University of Delaware Law School in Works,” in Delaware Online Elie [...]

Inequality: Why the Tuition Bubble and Student Debt Matter

  Knut, “Is Lack of College Education the Cause of Income Inequality in America,” in First Tier Toilet! Mish Shedlock, “How Student Debt Wrecks Marriages, Inhibits Family Formation, and Delays the Housing Recovery,” in Mish’s Global Economic Trend Analysis –”Bubble in Law School Tuition and Lawyers?“ Timothy Noah, “The United States of Inequality,” in Slate [...]

Dr. Byrds & Mr. Links—Yes, But What Happens if Law School Transparency Succeeds?

The legal web-o-sphere spares me with only four links over the past few weeks. (1) Betsy Z. Russell, “Labrador Still Saddled with Student Debt,” in The Spokesman-Review Idaho’s new representatives (the only one, for I think the other’s an incumbent) still has a mountain of law school debt to pay off.  Good thing a 2-year [...]