Accepted to columbia law school
- Thread starter DR STRANGELOVE
- Start date
Damn, Doc. You are going to stay in school half your life. I guess it's not a bad gig if you can get it.
In the imortal words of Will ferrel in Old School, "You're my boy, Blue!!!" :toast:
Congrats, my Northern friend.... :mj06:
p.s. Now that you've been all over the world, you think you could manage a trip to middle Tennessee?
:SIB
- Apr 28, 2006
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Anthony:
With all the congratulations, yadda, yadda, yadda, you know I have to piss on this disgusting display of admiration and present a minority opinion, which I believe, if you are to become a true counselor at law, you will appreciate. Since I have been coming to this forum, all you have done, and I mean all you have done, is 1) post porn, 2) be a student, and 3) post pictures of you and some chick you happen to be dating at the time on some nice vacation.
Don't you think it is about time you grew up, left the protection of in loco parentis, stopped spending mom and dads money, joined the real world and get a fucking job. You gotta be what, 53 fucking years old by now, and your still dicking around in fucking law school. What the fuck are you afraid of????
Will you please forget this LLM, masters, Columbia University crap and get the fuck outside of academia and hang a fucking shingle before North America becomes totally irrelevant and the only good paying legal jobs will require Mandarin and Cantoneese.
In the meantime, please continue posting pictures of 1 & 3 above. My advice to you, stop studying and get a job. There are many people out there who need to be sued. Get to work.
Eddie
With all the congratulations, yadda, yadda, yadda, you know I have to piss on this disgusting display of admiration and present a minority opinion, which I believe, if you are to become a true counselor at law, you will appreciate. Since I have been coming to this forum, all you have done, and I mean all you have done, is 1) post porn, 2) be a student, and 3) post pictures of you and some chick you happen to be dating at the time on some nice vacation.
Don't you think it is about time you grew up, left the protection of in loco parentis, stopped spending mom and dads money, joined the real world and get a fucking job. You gotta be what, 53 fucking years old by now, and your still dicking around in fucking law school. What the fuck are you afraid of????
Will you please forget this LLM, masters, Columbia University crap and get the fuck outside of academia and hang a fucking shingle before North America becomes totally irrelevant and the only good paying legal jobs will require Mandarin and Cantoneese.
In the meantime, please continue posting pictures of 1 & 3 above. My advice to you, stop studying and get a job. There are many people out there who need to be sued. Get to work.
Eddie
congrats!
congrats!
:mj07:
nice law library dere at Columbia
and graduating from Columbia, you'll earn the money to pay back those loans!
you almost never seen bimodal graphs like this in social research, usually bell curves...
from Empirical Legal Studies blog:
September 04, 2007
Distribution of 2006 Starting Salaries: Best Graphic Chart of the Year
The most recent edition of NALP's serial publication, Jobs & JD's, includes the chart excerpted below. It is the distribution of full-time salaries for all members of the Class of 2006 who reported income data to their respective law school (22,665 graduates). If you were looking for a single graphic to illustrate the most vexing problems facing law firms, law students, and law schools, this would be it. A more dramatic bimodal distribution you will not find.
The sample includes--in order of size--private practice (55.8%), business (14.2%), government (10.6%), judicial clerks (9.6%), public interest (5.4%), and other (2.8%). Half of the graduates make less than the $62,000 per year median--but remarkably, there is no clustering there. Over a quarter (27.5%) make between $40k-$55k per year, and another quarter (27.8%) have an annual salary of $100K plus.
If the chart were a flipbook of the last twenty years, the first mode would be relatively stationary, barely tracking inflation, while the second mode would be moving quickly to the right--i.e., the salary wars. In fact, because of the recent jump to $160K in the major markets, the second mode has already moved even more to the right.
What are the implications of this chart?
For law students. Let's face it: $40K to $55K per year is just not enough to pay down the avg. $85,000 debt (especially as interest rates climb) and still enjoy any kind of lifestyle that a professional degree is presumed to confer. The national median starting salary for a 2 to 10 lawyer firm is $50,000. There are a lot of struggling alumni out there. And do we really need more law schools? For many, getting a JD is a very risky financial proposition, especially when you factor in bar passage.
For law schools. Because different law schools supply graduates into different modes (roughly tracking US News rank), it is indisputable that lower-ranked schools cannot continue to heap ever higher debt onto their students. On the other hand, if you are Georgetown, NYU, Northwestern, Harvard, Columbia, et al., your current model works just fine. The salary wars make this possible. Yet, 50 to 75 other law schools raising tuition in order to buy their way into the Top 15 is a classic positional competition--and it is socially harmful, with our students bearing the cost. As legal educators, we can do better.
For law firms. The second mode keep moving to the right because too many law firms refuse to reconsider their business model in light of a continuing surge in demand for corporate legal services. All these firms want Harvard, Columbia, Chicago graduates, etc. and, if necessary, Illinois (top 25%), Indiana (top 15%), Marquette (top 10%), etc. If legal education worked like any other market, Northwestern would be merging with Cardozo, exploiting Cardozo's capacity and location and leveraging Northwestern's brand. But law schools are maximizing prestige, not output or profit. Such a merger would be dilutive or break-even at best for the higher ranked school.
There is a lot of commodity corporate legal work on there; why not bow out of the salary wars, ratchet down the hours to 1800, take work on a flat fee arrangement, focus on better/faster service (thus increasing margins on the flat fees), and literally feast on the human capital willing to take a job in the "death valley" range (i.e., ~$80,000 per year), especially if the hours are sane. The client gets quality and cost predictability, and the well-managed firm can make a lot of money. This is a great opportunity for a firm willing to rethink its business model. Larry Ribstein's publicly held law firm would be all over this. But any established large firm willing to think outside the box could do it.
Posted by Bill Henderson on September 04, 2007 at 03:29 PM in Data
congrats!
:mj07:
nice law library dere at Columbia
and graduating from Columbia, you'll earn the money to pay back those loans!
you almost never seen bimodal graphs like this in social research, usually bell curves...
from Empirical Legal Studies blog:
September 04, 2007
Distribution of 2006 Starting Salaries: Best Graphic Chart of the Year
The most recent edition of NALP's serial publication, Jobs & JD's, includes the chart excerpted below. It is the distribution of full-time salaries for all members of the Class of 2006 who reported income data to their respective law school (22,665 graduates). If you were looking for a single graphic to illustrate the most vexing problems facing law firms, law students, and law schools, this would be it. A more dramatic bimodal distribution you will not find.
The sample includes--in order of size--private practice (55.8%), business (14.2%), government (10.6%), judicial clerks (9.6%), public interest (5.4%), and other (2.8%). Half of the graduates make less than the $62,000 per year median--but remarkably, there is no clustering there. Over a quarter (27.5%) make between $40k-$55k per year, and another quarter (27.8%) have an annual salary of $100K plus.
If the chart were a flipbook of the last twenty years, the first mode would be relatively stationary, barely tracking inflation, while the second mode would be moving quickly to the right--i.e., the salary wars. In fact, because of the recent jump to $160K in the major markets, the second mode has already moved even more to the right.
What are the implications of this chart?
For law students. Let's face it: $40K to $55K per year is just not enough to pay down the avg. $85,000 debt (especially as interest rates climb) and still enjoy any kind of lifestyle that a professional degree is presumed to confer. The national median starting salary for a 2 to 10 lawyer firm is $50,000. There are a lot of struggling alumni out there. And do we really need more law schools? For many, getting a JD is a very risky financial proposition, especially when you factor in bar passage.
For law schools. Because different law schools supply graduates into different modes (roughly tracking US News rank), it is indisputable that lower-ranked schools cannot continue to heap ever higher debt onto their students. On the other hand, if you are Georgetown, NYU, Northwestern, Harvard, Columbia, et al., your current model works just fine. The salary wars make this possible. Yet, 50 to 75 other law schools raising tuition in order to buy their way into the Top 15 is a classic positional competition--and it is socially harmful, with our students bearing the cost. As legal educators, we can do better.
For law firms. The second mode keep moving to the right because too many law firms refuse to reconsider their business model in light of a continuing surge in demand for corporate legal services. All these firms want Harvard, Columbia, Chicago graduates, etc. and, if necessary, Illinois (top 25%), Indiana (top 15%), Marquette (top 10%), etc. If legal education worked like any other market, Northwestern would be merging with Cardozo, exploiting Cardozo's capacity and location and leveraging Northwestern's brand. But law schools are maximizing prestige, not output or profit. Such a merger would be dilutive or break-even at best for the higher ranked school.
There is a lot of commodity corporate legal work on there; why not bow out of the salary wars, ratchet down the hours to 1800, take work on a flat fee arrangement, focus on better/faster service (thus increasing margins on the flat fees), and literally feast on the human capital willing to take a job in the "death valley" range (i.e., ~$80,000 per year), especially if the hours are sane. The client gets quality and cost predictability, and the well-managed firm can make a lot of money. This is a great opportunity for a firm willing to rethink its business model. Larry Ribstein's publicly held law firm would be all over this. But any established large firm willing to think outside the box could do it.
Posted by Bill Henderson on September 04, 2007 at 03:29 PM in Data
Here comes are very own Hank Paulson with his fucking graphs, flow charts, holigrams, and other confusing statistical bullshit to try to convince you and everyone else on board that your 17 plus years of post graduate, multi-continental, legal fucking education wherein you have invested tens of thousands of dollars, lost your prime income earning years and God knows what else in the pursuit of determing when causation ceases to be proximate and becomes remote (Pfalzgraph v. Long Island RR) will somehow, someday, manifest into an abundant financial and professional reward.
Let me put it to you in Fat Daddy Cool Texas English:
Stop being a wuss. Ditch the megaphone and beanie copter cap. Get out here in the trenches and deal with some of these nutbag clients.
Eddie
Let me put it to you in Fat Daddy Cool Texas English:
Stop being a wuss. Ditch the megaphone and beanie copter cap. Get out here in the trenches and deal with some of these nutbag clients.
Eddie
IO:
Average is below 100k. If Anthony keeps this up, he alone will drop the average by about 2k for all lawyers.
Eddie
Average is below 100k. If Anthony keeps this up, he alone will drop the average by about 2k for all lawyers.
Eddie
3 posts in 5 hours, either Eddie thinks Doc is Miss Landers or Miss Canfield or work is slow right now.
