Thursday, May 12, 2016
Third Tier Cesspool Pace University School of Law Receives Large Gift and Undergoes Name Change
A Turd by Any Other Name: On May 5, 2016, Jacob Gershmann of Wall Street Journal Law Blog reported the name change in a piece labeled “Pace Law School Gets Mega-Gift, New Name.” Here is the full text of that article:
“It’s the season of giving in the legal education world.
Pace University’s law school outside of New York City is the latest school to benefit from a burst of largesse. A German family has donated what the university says is the largest gift in its history.
The law school is announcing the donation Thursday along with news that it’s renaming itself after the donors’ late matriarch, Elisabeth Haub, a philanthropist and businesswoman who championed environmental causes.
Pace isn’t saying how much it received — at the donor’s request. But school officials say it’s comparable to recent donations made to law schools at George Mason University and Villanova University. Those schools announced gifts of $30 million and $25 million, respectively.
Pace says the money will establish a law school endowment and fund a scholars program within its top-ranked environmental law program. The gift will also endow chairs in environmental law, public international law, the school said. The new name of the school will be the Elisabeth Haub School of Law.
The money comes from the son and daughter-in-law of Elisabeth Haub, who died in 1977. The Haub family owns the Tengelmann Group, a retail conglomerate.
The money comes at a pivotal time for Pace, which has been buffeted by the nation-wide downturn in the legal-education market. Law Blog recently reported that its faculty and staff were forced to take pay cuts to save money for a tuition-matching program.
“We are enormously thankful for the Haub family’s support of our distinctive ‘path to practice’ model of legal education,” the school’s dean, David Yassky, said in a statement. “At a time when many law schools are retrenching, this gift allows us to strengthen our program, especially the in-the-field learning that we believe is so crucial for students’ success in practice.” [Emphasis mine]
A law degree from this dung pit still isn’t worth a puddle of warm piss. Sadly, some lemmings may see a law school endowment and a TTT $cholar$ program as proof that this institution is a viable option for them. A few endowed chairs in garbage such as environmental law and “public international law” WILL NOT LEAD TO JOBS in those areas, Dumbass! When you end up selling insurance premiums for Allstate or stocking shelves at Best Buy, your employer will not be impressed with your legal TTTraining.
Other Coverage: On May 9, 2016, Bloomberg Law provided a story entitled “Pace University’s Law Dean on Name Changes and the State of Legal Education.” Take a look at these excerpts from this interview with TTT dean David Yassky:
“Big Law Business: There have been a number of donations to law schools lately. Do you think it’s a sign of turbulence in the business of legal education that administrative officials are seeking outside funding like this?
Yassky: I think there is a bit of a myth that took hold in the past few years that law school isn’t what it used to be, and maybe the value to the students isn’t what it used to be. I think that’s clearly wrong. Part of what you’re seeing with these investments is that donors recognize that having first rate legal education available to students isn’t just important and valuable (to the students), but also is (important) to society… I feel very strongly that the law school “turbulence” was the story for a while, but I think it’s the past. To me, this gift and some of the other recent ones, rather than being signs of turbulence, I think they are more signs that the turbulence has passed. Someone making a big investment is doing so because they believe that there is a bright future ahead and they are confident that we will be able to use that investment to turn out terrific law students. I think gifts like this are a sign of optimism and confidence.” [Emphasis mine]
Pace and “first rate legal education”?!?! Scroll down to find the following nonsense:
“Big Law Business: Tell us more about Pace’s recent donation and what it will bring to the school.
Yassky: It’s a thrilling milestone for the law school. We have had a longstanding partnership with the Haub family, particularly focused on our environmental law program. This gift will allow us not just to expand that program but, I think, to take our overall program to the next level. It will fund a Haub scholarship program, so the best and brightest environmental law students will get substantial scholarships to go out and do environmental law without the debt burden that can narrow your options. It will expand our variety of classes into international law fields, and expand our experiential learning and clinics. We are really working to craft a kind of legal education that suits today’s practice world. Law firms can’t just devote a year or two years training people. They need graduates who can practice right away.” [Emphasis mine]
Listen, Bitch: Biglaw is still not going to hire Pace Law grads – and that is the only route for potentially practicing “international law.” Furthermore, no one just “goes out and does environmental law.” These relative few jobs are typically provided by Big Polluters, so that they can continue to leave a gigantic-ass footprint.
The Commode’s Ranking: As you can see, Pace Univer$iTTTy Sewer of Law is currently rated as the co-136th greatest, most remarkable and amazing law school in the entire damn country - by US "News" & World Report! What a TTTremendous accomplishmenTTT, huh?!?! Hell, it “only” shares this distinction with the following toilets: Akron, Arkansas-Little Rock, and Chapman “University.”
Conclusion: Pace University Sewer of Law is a pathetic dung heap that would change its name after Jeffrey Dahmer, if his family donated enough money to the school. If you are still considering attending this trash can, then do yourself a favor and first schedule an IQ test with a psychologist. You are not capable of choosing fast food from a drive thru window, moron. How can you be expected to take out an additional $160K+ in NON-DISCHARGEABLE debt, for a TTT law degree? Good luck repaying that amount, waterhead.
Posted by Nando at 2:54 PM