Tuesday, November 30, 2010

LSAT Alumni | Law Student Job Prospects

This morning I read a bleak article from the American Lawyer. It surveyed hundreds of law firms and interviewed some of the top managing partners of the nation RE: future plans and projections.

I know there have been prior comments and predictions about the "changing legal landscape", but most statements (thus far) have been at best guess work (based on mere observation). This recent study, however, brings some empirical data to the conversation. And in short, ladies and gentlemen, the future is not all that bright for law students...at least for the time being.

Tuesday, November 23, 2010

LSAT Alumni | New York Law Firm Bonus

In law school, one of our professors had us read a case study on Cravath, the preeminent NY law firm. The Cravath system; the Cravath man; the Cravath training. etc. At the time, I was told by my law professor that the average Cravath partner makes $3M per year.

Anyhow, Cravath has announced it's year-end bonus.