The licensing board in Arizona has just required Arizona Summit (Arizona Scum Pit) to post a $1.5M bond with which to reimburse the students in the event of the toilet school's closure.
http://www.azcentral.com/story/news/local/arizona-education/2017/05/26/arizona-summit-law-school-ordered-create-surety-bond-in-case-closure/338048001/
Only 30% of Arizona Scum Pit's graduates who attempt the bar exam pass it on the first try. At 74%, the rate for the other two law schools in Arizona, both of which are Tier 4 institutions (https://outsidethelawschoolscam.blogspot.ca/2017/05/the-seven-tiers-of-law-schools.html), is still disgraceful.
Arizona Scum Pit and its fellow Tier 6 institutions Charlotte (Harlotte) and Florida Coastal (Horrida Coastal) make up the notorious InfiLaw scam-chain of profit-seeking law schools. All three are in trouble. Harlotte has lost access to federally guaranteed student loans, and Horrida Coastal may join it next year. Arizona Scum pit is on probation by the American Bar Association.
Arizona Scum Pit told the board "that the bond wasn’t necessary and would send a negative message to prospective students". Which negative message? That Arizona Scum Pit is at risk of closing before they complete their Mickey Mouse degrees? If lemmings present and prospective haven't noticed that by now, they won't catch on just because the toilet has to post a bond with the state. Nothing, evidently, would get their attention.
Notice how the legal profession is completely out to lunch, or totally half-assed about the law school collapse, leaving the dirty work to other entities.
ReplyDeleteArizona Licensing demanding a bond from Ariz. Summit.
Dept of Ed pulled loans from Charlotte.
Whittier Trustees closing their own law school.
Because, the legal profession is at the vanguard of leadership in this, our citizen-democracy!
The pigs think DeVos will bail them out, yet "We also need to produce more justice warriors and defenders of freedom who will fight against the evil Trump." A real dilemma.
ReplyDeleteHopefully this trash pit gets closed down sooner than later. The legal profession is a joke.
ReplyDeleteSurely they can raise payment for the bond by soliciting generous donations from their innumerable successful alumni.
ReplyDeleteThere's an idea! Calling all Az Summit alumni! Your alma mater needs you!
DeleteNo point in getting too concerned-there are some who will never ever listen.
ReplyDeleteA 64 yo just graduated from John Marshall Law School-the most recent ABA stats show that fully 40 graduates of the most recent class were unemployed 10 months after graduation.
Ok, so her kids bought her a Mercedes so maybe she's loaded...
https://www.yahoo.com/gma/64-old-law-school-graduate-given-dream-car-212705567--abc-news-parenting.html
An 80-year-old woman just graduated from a Mexican law school.
DeleteSomeone seeking the degree for its own sake, as a mere trophy, should perhaps feel free to go to John Marshall or any other Cooleyite toilet. But that's a very small category, probably dominated by rich people and elderly people. Nobody who wants to use the degree should go near those wretched toilet schools.
I would think the elderly and rich could attend more reputable institutions. I'm not even that old, at 35, but the last thing I want to do is be around obnoxious 22-25 year olds again in a toxic competitive environment.
DeleteThere have got to be cheaper vanity projects-why not be a big deal and give the money wasted on tuition to charity?
DeleteThis bond will be used to reimburse the students if their toilet is flushed for good.
ReplyDeleteWhat does that mean? That each student would get a fat check? That seems wrong when most of the money paid comes from student loans.
I wonder who was willing to underwrite the bond in the first place...seems destined for a payout given current circumstances.
Deletespeaking of...looks like the next casualty is Doc Review.https://www.bloomberg.com/news/articles/2017-02-28/jpmorgan-marshals-an-army-of-developers-to-automate-high-finance?adv=redhat
ReplyDeleteSaw an interesting stat. Forty new US law schools opened after I started law school in 1975. Admission to all accredited law schools then was competitive, with mine accepting 1 out of 10 applicants. Even then, the job market was competitive and finding a job wasn't easy. Starting pay was very low on the whole, since first jobs were viewed primarily as providing the real clinical training we never got in law school.
ReplyDeleteToday there is a lot less need for lawyers, as there are lots of Internet and other resources that allow people to represent themselves in routine matters that used to be the bread and butter for many lawyers. Computerized resources cut legal research time dramatically. The legal market has diminished and if law school output had remained at 1975 levels we would have a lawyer oversupply and unemployment crisis. But . , , forty additional schools have opened and are cranking out "lawyers" who will remain unemployed and unable to get the sort of intense but effective clinical training we got from savvy experienced vey busy old lawyers in our first underpaid jobs.
This is what it is, exactly. And it's also why I don't get hung up on the Bar passage rates thing either..
DeleteI do agree that the lower-quality, on the whole, applicants leads to lower Bar passage rates. But look.. Pass the Bar. Fail the Bar. It doesn't matter that much to me, really.
Attending law school, passing the Bar, etc. does not and will not create a single legal job. All you are doing is shifting deck chairs on the Titanic.
You never used to see T20 grads in low-paying public interest jobs. Never. Now, even the T-14 people, and higher, are struggling. It's continual overproduction and dilution of JD's - even at the top schools - because of what? As you say, there is simply not enough pie to go around. Demand for legal work is shrinking steadily and lucrative high-paying work is more or less a circle-jerk of firms who never recruit outside of the T10/T-14 and nonetheless employ the Churn-and-Burn model of using young Associates for 2-5 years and then showing them the door.
Automation is destroying the need for Associates in firms of every size level as well. Paralegals are now doing what lawyers used to do.
Law is constant downward career and salary pressure due to this insane oversupply.
Most of the professors at ASLS are scum bags and crooks. People like me are going to make it difficult for these people to find work again. They are directly responsible for failing to meet standards and follow rules.
ReplyDelete