Greedy Law Schools Taught Jobless Grads Too Well

Agenda-Setting Financial Insight.
March 16 2012 4:15 PM

Greedy Law Schools Taught Jobless Grads Too Well

Have law school graduates learned their lessons too well? Some alums are suing their alma maters for nurturing unrealistic employment expectations during the application process.

Photo by Robert Spencer/Getty Images

Greedy law schools may have taught their jobless graduates a little too well. Some disgruntled lawyers are suing their alma maters for exaggerating employment prospects. That seems fitting for a litigious lot with buyers’ remorse over a $120,000 education. The lousy job market isn’t the schools’ fault, but training these cheeky legal eagles to spread their wings may be. 

On the surface, the suits seem a stretch. Scores of graduates from New York Law, Michigan’s Thomas M. Cooley Law and other lower-tier schools want refunds because they didn’t get the legal jobs they were supposedly promised. They cite school statistics touting more than 90 percent employment rates for recent graduates. The schools stress that the figures, while essentially accurate, guarantee nothing, and lawyers should have known the job market was shaky. 

The problem is that many schools do play fast and loose. They typically include non-legal, part-time and temporary work in employment numbers while hiring graduates themselves or paying law firms to do so. A whopping 59 of 143 law schools in the 2012 U.S. News and World Report rankings somehow reported more than 90 percent employment for recent graduates. 

Even if prospective students don’t rely on those numbers, the rankings are highly influential. And employment rates account for almost one-fifth of a school’s rank. If the rates are unreliable, then so is a widely-used criterion for deciding where to apply. 

That doesn’t necessarily mean the schools have committed fraud. But Villanova University and the University of Illinois have acknowledged giving inaccurate information to U.S. News in the past, and other institutions have been accused of gaming the ranking system with false data. 

If the accusations are true, the schools might face criminal as well as civil liability. In a recent article, Emory University law professors outline a compelling case for charging deceptive law schools with fraud, conspiracy, racketeering and making false statements. 

That may seem far-fetched. But with tuition approaching $50,000 a year, law deans under intense pressure to lure students and members of Congress slamming their dodgy employment data, the schools are a tempting target. If they’re not careful, they may find disappointed graduates to be the least of their worries.

Read more at Reuters Breakingviews.

Reynolds Holding is a Breakingviews columnist who writes from New York about the law in conjunction with Reuters Legal. Before joining Breakingviews, he was a national editorial producer for the Law & Justice Unit at ABC News, a senior writer for Time magazine and the executive editor of Legal Affairs, the first general interest magazine about the law.



Meet the New Bosses

How the Republicans would run the Senate.

Even by Russian Standards, Moscow’s Anti-War March Was Surprisingly Grim

I Wrote a Novel Envisioning a Nigerian Space Program. Then I Learned Nigeria Actually Has One.

The Best Thing About the People’s Climate March in NYC

Friends Was the Last Purely Pleasurable Sitcom

The Eye

This Whimsical Driverless Car Imagines Transportation in 2059

Medical Examiner

Did America Get Fat by Drinking Diet Soda?  

A high-profile study points the finger at artificial sweeteners.

The Government Is Giving Millions of Dollars in Electric-Car Subsidies to the Wrong Drivers

John Oliver Debunks the Miss America Pageant’s Claim That It Gives Out $45 Million in Scholarships

Trending News Channel
Sept. 20 2014 11:13 AM Watch Flashes of Lightning Created in a Lab  
  News & Politics
The World
Sept. 22 2014 12:30 PM Turkey Just Got Forty-Six Hostages Back From ISIS. How Did That Happen?
Sept. 22 2014 12:44 PM The U.S. Is So, So Far Behind Europe on Clean Energy
The Shortcut
Sept. 22 2014 12:31 PM Down With Loose Laces A simple trick to tighten your running shoes for good.
  Double X
The XX Factor
Sept. 22 2014 12:29 PM Escaping the Extreme Christian Fundamentalism of "Quiverfull"
  Slate Plus
Sept. 22 2014 8:08 AM Slate Voice: “Why Is So Much Honey Clover Honey?” Mike Vuolo shares the story of your honey.
Brow Beat
Sept. 22 2014 12:22 PM The Age of the Streaming TV Auteur
Future Tense
Sept. 22 2014 12:14 PM Family Court Rules That You Can Serve Someone With Legal Papers Over Facebook
  Health & Science
Sept. 22 2014 12:15 PM The Changing Face of Climate Change Will the leaders of the People’s Climate March now lead the movement?
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.