Friday, November 30, 2012
Profiles in Vile Academic Self Interest: Lawrence Mitchell, Dean of Case Western Reserve University School of Law
The Pig Sticks His Hoof in His Mouth:
On November 28, 2012, the New York Times published an opinion piece from Lawrence Mitchell, dean of second tier sewer Ca$e We$TTern Re$erve Univer$ity Sewer of Law; the commode is currently rated as the 67th greatest, most phenomenal law school in the country, by US “News” & World Report. The op-ed was entitled “Law School is Worth the Money.” Keep in mind that this charlatan is not the one taking out $100K-$130 in NON-DISCHARGEABLE loans, for the mere opportunity to enter the GLUTTED legal “profession.” Take a look at this weak opening:
“I’m a law dean, and I’m proud. And I think it’s time to stop the nonsense. After two years of almost relentless attacks on law schools, a bit of perspective would be nice.
For at least two years, the popular press, bloggers and a few sensationalist law professors have turned American law schools into the new investment banks. We entice bright young students into our academic clutches. Succubus-like, when we’ve taken what we want from them, we return them to the mean and barren streets to fend for themselves.
The hysteria has masked some important realities and created an environment in which some of the brightest potential lawyers are, largely irrationally, forgoing the possibility of a rich, rewarding and, yes, profitable, career.
The starting point is the job market. It’s bad. It’s bad in many industries. “Bad,” in law, means that most students will have trouble finding a first job, especially at law firms. But a little historical perspective will reveal that the law job market has been bad — very bad — before. To take the most recent low before this era, in 1998, 55 percent of law graduates started in law firms. In 2011, that number was 50 percent. A 9 percent decline from a previous low during the worst economic conditions in decades hardly seems catastrophic. And this statistic ignores the other jobs lawyers do.” [Emphasis mine]
I’m sure that many child molesters, drug pushers corporate raiders are also proud of their “work,” Dumbass. Should we use their conviction as “proof” that they are engaged in a good cause?!?! By the way, YOU are making a very nice salary by perpetrating this sick $y$tem. You cannot be objective in this area, tool. It’s comical that this pig wrote an op-ed for the nation’s premier newspaper, which kicked the hell out of the law school industrial complex - via a sharp, informed series by David Segal.
For $ome rea$on, Cockroach Lawrence Mitchell “forgot” to mention some of the jobs that many JDs and lawyers perform: tend bar, stock shelves, run cash registers at electronics stores, sell insurance, wait tables, serve pizza, pour lattes, etc. I wonder why this dean did not mention such outcomes. By the way, citing to the fact that the lawyer job marker has been anemic for over a decade does not help your pathetic “case.” The ball-less weasel is essentially arguing “Who cares if your future is ruined by this decision? The job market was nearly as bad 13 or 14 years ago.” Later on, Mitchell argues that the growth rate in the attorney field is healthy, since the industry's outlook is about average.
On October 31, 2012, the Washington Post Magazine published an article from Elizabeth Lesly Stevens, under the headline “Will Law Students Have Jobs After They Graduate?” The following portion shows that Mitchell cannot rely on BLS data to bolster his message:
“The U.S. Bureau of Labor Statistics forecasts 73,600 new lawyer jobs from 2010 to 2020. But just three years into that decade, about 132,757 new lawyers have hit the job market.” [Emphasis mine]
The Swine’s Background:
“Dean Mitchell is the author of The Speculation Economy: How Finance Triumphed Over Industry (2007) (awarded ForeWord Magazine’s 2007 Gold Medal for the Best Book in Business and Economic and the 2009 “IPPY” Silver Medal for Finance/Investment/Economics), and Corporate Irresponsibility: America’s Newest Export (2001), among other books and publications. Before joining the faculty at Case Western Reserve, he was the Theodore Rinehart Professor of Business Law at The George Washington University Law School, where he taught for 20 years and, was founding Chair and Executive Director of the Center for Law, Economics & Finance at GW. Professor Mitchell has written extensively on matters of corporate governance, law, finance, financial history, and ethics. A graduate of Williams College and Columbia University Law School, Professor Mitchell practiced corporate law in New York from 1981 to 1987.” [Emphasis mine]
Cockroach Lawrence Mitchell sure knows how to set one up on a tee for his opponents. This ass-clown has published several books on corporate irresponsibility and financial greed, yet the hypocrite cannot see that the law schools are engaging in similar conduct?!?!
Tuition at CWRU Law for 2012-2013: A full-time law student at this private stench pit will be charged $44,500 - for the current school year. This figure does not include associated fees or living expenses into account. What a great bargain, huh?!?!
Average Law Student Indebtedness for Case Western: US “News” lists the average law student indebtedness - for those members of the CWRU Law Class of 2011 who incurred debt for law school - as $98,900. Fully 90 percent of this toilet’s 2011 class took on such toxic debt. Remember that these figures do not include interest that accrues on the outstanding balance, while the student is enrolled. Apparently, this well-off bastard has no qualms about asking YOU - the applicant and student - to take on such monstrous levels of NON-DISCHARGEABLE debt, for HIS benefit.
Conclusion: Lawrence Mitchell is a prime example of badass author Upton Sinclair’s principle: “It is difficult to get a man to understand something when his salary depends upon his not understanding it!” Ask yourself the following question: Would you buy a used car from this salesman? If you would not borrow $5,000 to $15,000 on a loan that you could walk away from, then why in the hell would you take out $100K-$130K in NON-DISCHARGEABLE debt because of this rodent’s meaningless rhetoric?!?!
Posted by Nando at 7:11 AM