Law in Contemporary Society

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DeathofGiantFirms 22 - 27 Jan 2008 - Main.AndrewGradman
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The marginal return to transactional work of an investment in legal education will certainly diminish. Ivy-educated lawyers will be only slightly more valuable, and much more costly, than graduates of third-tier schools, lawyers in India, and software.
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 In an arms race, "better than the competitor" is all that’s needed. Corporations with immeasurably large interests in changing the law will continue to pay unconscionably large sums to keep their competitors away from the “better” sources of creative legal ideas, even if those ideas are downright bad. Columbia Law School has no incentive to retool its curriculum for the new economy, as long as no other "top tier" law school does.
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<		But other schools will. It's what we comfortably call "second tier" schools--schools whose teachers are practitioners instead of scholars--schools that compete with each other to break their students into firms--that will produce the lawyers that will outstrip us.
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>		But other schools will. It's what we comfortably call "second tier" schools--schools whose teachers are practitioners instead of scholars--schools that compete with each other to break their students into firms--that will produce the lawyers that will outstrip us.
 -- AndrewGradman - 27 Jan 2008

Revision 22r22 - 27 Jan 2008 - 23:39:25 - AndrewGradman
Revision 21r21 - 27 Jan 2008 - 01:52:39 - AndrewGradman
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