Showing posts tagged legal industry
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The market simply is not going to tolerate the inefficiency that was embedded in the industry up until 2008.
To the extent that law schools were built on capitalizing on that inefficiency, law schools will have to change as well. (WSJ)
The Wal-Mart of Law Firms Might Be Wal-Mart - Above the Law This part is particularly sad: You don’t need a background or degree in law or business. You just need the drive to succeed. MCLN is 100% dedicated to helping your business efforts and offers a support system that is unparalleled in the industry. View high resolution

The Wal-Mart of Law Firms Might Be Wal-Mart - Above the Law

This part is particularly sad:

You don’t need a background or degree in law or business. You just need the drive to succeed. MCLN is 100% dedicated to helping your business efforts and offers a support system that is unparalleled in the industry.
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Both types of law firms serve the public. The fee structure of a large law firm makes those firms unreachable for most individual clients; these folks need smalls. A large company with millions of dollars on the line looks for a brand name, the vetting of associates and partners, and the ability to quickly put together a team of lawyers to tackle major litigation or a huge transaction. It is not an accident that there are thousands of small firms and that there are big firms with over a thousand lawyers.

Eric Cooperstein writing on Lawyerist.

This takes my back to my favorite law school class: Law Firm as a Business Organization. The class was based around this same idea: that the most fundamental split among lawyers was those who have people as clients and those who have organizations as clients.

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Law students are not misguided or irrational. Law schools may not be giving them the full scoop, but I think students are seeing through these stories and making pretty sophisticated judgments about the costs (including opportunity costs) and benefits of legal education.
Larry Ribstein on why contrary to popular belief, you aren’t crazy for going to law school.

Northern Michigan University offers fall law class

Another example of how self-help is becoming more common in courts. If all you’re investing $100K and three years to help someone do something they could learn to do themselves for $25 in a couple weeks, that’s not a good deal. Decide to do something special with your J.D.

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You know, when the career services dean is directly warning students not to rely on NALP rules, I am forced to ask why students should heed the NALP rule limiting the number of offers students can accept.
Elle at Above the Law with wise words about the changing rules of legal hiring.