Showing posts with label New York University. Show all posts
Showing posts with label New York University. Show all posts

Tuesday, July 10, 2012

MOAR Money!

There's so much stupid sh*t going on in this presTTTigious "profession" that I gave up trying to follow it, let alone post about it. Talking about not even trying any more, today's subject is Boston University's BosTTTon UniversiTTTy's new online Tax LLM. Even dry tax blogger Paul Caron noted, "Interestingly, tuition and fees for the online program will be higher than for the residential program: $44,712 v. $44,212."

Ka-Ching!

First, a word about BU. The law school hired 22 percent of its own graduates last year. With this record of suck-cess, why hide BU's light under a barrel when it can roll its brand out into new markets? And charge more to sit at your desk than its own?

Another word about BU: When it issues your LLM, is the diploma going to say either New York University or University of Florida? No? Then why the f*ck would you ever spend your own money on it? Those are the only schools that count, and NYU can even sometimes erase the stench of a prole JD.

What we have here is an unabashed money grab, presumably aimed at foreigners and the credulous. Looks like the law school scam is moving upmarket as disclosure requirements and bad publicity reduce the cash that can be extracted from aimless liberal arts grads.

Saturday, June 23, 2012

May 2012

Drat! Just woke up from a month-long map. To think I planned another blog even while I can barely keep this one updated.

Legal employment grew slightly in May, and by about 4,800 year-over-year. Before you get your seat deposit in at Dayton — hurry, dammit! — consider this. I looked back at my May 2011 post and note that May 2010 employment was 1,113,100. So, over two years we're talking about adding 7,000 jobs. I further note that the BLS regularly corrects prior statistics, and that if had used 1,115,100 instead of 1,110,400 when I posted May 2011, it would have shown modest growth over 2010 instead of a contraction. In short, we spent the last two years treading water; this is no recovery.

I have one other correction brewing. Last year I wrote, "Yale or fail." Turns out 2011 was a slaughter. How bad? From the NLJ article:

Several of the country's most prestigious law schools, including the University of Chicago Law School, New York University School of Law, the University of Virginia School of Law and Yale Law School, hired 10 percent or more of their class of 2011.
I suspect 2012 will be no better. Yale AND fail? To be continued …

http://www.bls.gov/news.release/empsit.t17.htm

Not seasonally adjustedMay20111,111,500
March20121,110,600
April20121,114,400
May20121,116,5005,000
Seasonally adjustedMay20111,115,100
March20121,115,800
April20121,119,300
May20121,119,9004,800
Change from Apr-12 to
May-12
600