Long ago, I said that the only way to save the legal profession is to cut enrollment. If all law schools cut their incoming classes to 200 students, these students (especially from the top 50) will be more valuable and subsequently, more recruitable and employable. Today, I ran across an article that states that few law schools that have come to this realization. Bravo to Northwestern and Hastings! I hope that many other law schools re-examine their overly inclusive enrollment and increase the value of their overpriced degrees. Of course, no article is complete without a mention of Cooley--which is single handedly bringing down the legal market with its 3,700 students in Michigan AND in Florida. Of course they aren't considering reducing the size because doing so might adversely affect minorities. I believe "minorities" must be Cooley for "profits." Look, I'm a minority and I am being dead serious when I say that minorities are not better off with a $100,000+ JD and no job. If you think I'm wrong then, feel free to chime in. By the way, nice stat in that article--this is the worst market for lawyers in 18 years. That's pretty intense.
On a side note, I called a car service today that I used to use regularly when I was in big law. I got a driver that remembered me and he asked why I don't call as often as I used to. I said, "Dude, I'm broke." He asked me if I'm still a lawyer, and I said yes--working for myself and it's been a rough ride. He said, "OH, but you are a lawyer--I'm sure you make lots of money." I will officially close down this blog when it is common knowledge that lawyers are broke.
For now, it's Angel--over and out.
Open Thread - Round two of shuddery-cold fever has me in its grip, so please use this threat to talk among yourselves, should you so wish.
10 hours ago