A lawyer walks into a bar
The MoneyLaw point, however, doesn't lie so much in the movie as it does in Ilya Somin's commentary on The Volokh Conspiracy:
I think many law school graduates get overly stressed out and obsessed about taking the bar, and spend too much time studying. Most bar exams are primarily just tests of memorization. They're not much of an intellectual challenge, and require far less thinking than most law school exams.Most important, all you have to do is pass. Unlike on the SAT or the LSAT, there is no need to maximize your score. As one of my law school classmates put it, every point you score above the minimum needed to pass is evidence that you spent too much time studying. I took this excellent advice to heart, and saved a lot of time and aggravation as a result (primarily by not attending any Bar/Bri lectures, and confining my preparation efforts to reading the books and taking some practice tests). If you're reasonably good at managing your time and memorizing legal rules, you can probably do the same thing.
It's not often that a professor tells students to spend less time studying. But when it comes to the bar exam, for many students it's the best pedagogical advice I can give.
Sorry, Ilya. Though I'm often sympathetic to your views on the market economy, this simply is not good advice. Many law school graduates do get "stressed out and obsessed about taking the bar," but that's because many law school graduates flunk the bar. Yes, it's also true that "all you have to do is pass." Actual bar passage numbers show that this is more readily said than done. Every year, a not insubstantial number of recent law school graduates stride up to the bar and fail. These failures matter for a reason that is as important as it is simple: law school graduates who don't pass the bar can't practice law.The vast majority of law school graduates lead lives and face realities that are not the lot assigned to their teachers. An academic appointment is an immense privilege in a world of finite resources and constrained opportunities, and those of us lucky enough to hold a winning ticket should refrain from treating our life circumstances as realistic benchmarks for the legal profession as a whole. Students attend law school in order ultimately to work. That is the market that counts, and the bar exam, for better or for worse, represents a very real and economically crucial first step.
Most important, all you have to do is pass. Unlike on the SAT or the LSAT, there is no need to maximize your score. As one of my law school classmates put it, every point you score above the minimum needed to pass is evidence that you spent too much time studying. I took this excellent advice to heart, and saved a lot of time and aggravation as a result (primarily by not attending any Bar/Bri lectures, and confining my preparation efforts to reading the books and taking some practice tests). If you're reasonably good at managing your time and memorizing legal rules, you can probably do the same thing.



Our highly vaunted faculty member is exceptionally gifted, landed one of his earliest articles in the Yale Law Journal, and is very proud of his 2,000 SSRN downloads, but he has always been so difficult.
Faculty hiring should be different, but often it isn't. Some and perhaps all law school faculties suffer from a marginal propensity for hiring odiously selfish colleagues, perhaps even an Arschloch so extreme as to be 
In addition to its immense wealth, Duke University enjoys a rich sports tradition. There's the basketball program, to be sure, but don't forget
All MoneyLaw readers should be reading 
Ending a tenure as brief as it was tumultuous, 
Yes, I have extolled the "challenging but exhilarating" adventure that "infuse[s] managerial and (most of all) entrepreneurial responsibilities into the strictly academic calling of a [university] professor," going so far as to laud the "portmanteau expression for this blend of management, law, and the intellectual life: MoneyLaw." But it behooves the academy, at the end of the grim season that West Virginia University has endured, to remember that there truly are candidates for university administration who combine business acumen with academic accomplishment. Perhaps
I presented 

Game theory has played a critical role in elucidating the evolutionary origins of social behavior. Sober and Wilson (1999) [Elliott Sober & David Sloan Wilson,
Punishment is altruistic not toward the punished, but toward the other members of the group, since the undesirable action of the punished is curtailed. A punisher incurs a loss while other members of the group receive a payoff, presumably giving the group at large an advantage against other groups. Therefore, punishment, understood as a form of altruism, can be modeled as a prisoner’s dilemma as well. Since punishment is a form of altruism, and can be modeled by the same game, Sober and Wilson argue that it evolved by the same mechanism: group selection.
Enter the avenger. In a market as competitive as legal academia, the presence of an odiously selfish oaf can cripple a law faculty's search for the best available talent. Punishing odious behavior benefits the faculty as a whole. Even though the effort needed to restore collegiality may cost the avenger, Sober and Wilson's model of altruism predicts that it will happen. Group selection — that is, competitive pressure at the level of schools rather than professors — supplies the needed impetus.
The job of enforcing chimpanzee society's "linear dominance hierarchy" brings substantial benefits. Rohwer quotes Christopher Boehm: “a dominant position leads to better access to food resources, and for the typically promiscuous males, high rank confers better mating opportunities.” According to Jane Goodall, alpha males have the power to “monopolize” a female during estrus. Frans De Waal observed that one alpha male, during his reign, “alone was responsible for about three-quarters of all matings”; excluding less contested episodes of “sexual intercourse with young females . . . his share was almost 100 percent.”




Sixth, alumnae and alumni should not treat their alma mater as though a law school education rested on some sort of fee-for-service contract. Ideally the relationship between a school and its graduates spans a lifetime. Too young and poor to give cash? We'll take in-kind contributions, even moral support. Even if your own experience was awful, smart leadership today will work with you to make tomorrow's graduates more appreciative of their degrees — and yours.









