The Market Made Me Do It

By this time everyone and their cousin has probably read The New York Times’ “Law School Economics:  Ka-Ching!,” which graced the front page of the website and the print Business section in today’s Sunday paper. This won’t be...

We’re Not The Newspaper Industry

When Slate writes about it, it’s entered the mainstream. In this case, that would be the “whopping” 11.5% year over year drop in the number of applicants to law schools nationwide. The headline is “Why the law school bubble is bursting,”...

Leadership Training from Law Schools?

We’re not actually on a leadership jag here at Adam Smith, Esq., but we understand if you might feel that way. Deborah Rhode, who’s taught at Columbia and Stanford Law Schools, published a piece in the June American Lawyer (paid subscription required for...

Rule 10b-5 and Law Schools

Often we write, and think, and behave, as if law firms–and perhaps clients, when we’re thinking broadly–are the only actors that matter on the landscape of BigLaw.  But of course this isn’t true (and we know better):  A profoundly...

If Allen Ginsburg Were to Write a Guest Column

I am in my first year of law school (Ivy League). But the stories from the trenches are horrendous. Recent graduates are telling us that there are no jobs, and that when someone finds a job, it comes with no security. Should I cut my losses and get out now?C. B., New...