Buffalo, Case, Iowa, Miami, Minnesota & UNC Deans React to Decline in U.S. News Rankings
See TaxProf Blog for more law school reactions to the U.S. News rankings.
The art of winning an unfair academic game
A member of the Jurisdynamics Network
9. Laterals. You bring a mid level lateral in from a high cost of living school and pay him more than comparable people on your faculty. Why? I don't know maybe your dean just wanted there to be some excitement. The reasoning actually will be that the faculty voted yes and the candidate would not take a pay cut.
Wim Mertens, Maximizing the Audience |
| Wim Mertens, Motives for Writing | |
| 1. Watch | |
| 2. The Personnel Changes | |
| 3. Paying for Love | |
| 4. No Testament | |
| 5. Words on the Page | |
| 6. The Whole | |

| Squeeze, Cool for Cats (1979) | To change the mood a little I've been posing down the pub On seeing my reflection I'm looking slightly rough I fancy this, I fancy that I wanna be so flash I give a little muscle And I spend a little cash But all I get is bitter and a nasty little rash And by the time I'm sober I've forgotten what I've had And everybody tells me it's cool to be a cat Cool for cats |
| Meow! Roar! Ever fond of cats, Jeff Harrison asks, "What's a dean to do?" Jurisdynamics answers: And a jaguar shall lead you. |
| [T]hink deeply about what is right and then put all [your] energy into doing it. — Murray Gell-Mann, The Quark and the Jaguar (1994) |
A Jurisdynamics post describes how Gell-Mann's autobiographical and lyrical book, The Quark and the Jaguar: Adventures in the Simple and the Complex, spans this broader weblog network's subjects of interest. Gell-Mann does propose at least one intriguing change in academic culture, which I commend to MoneyLaw's readership: If I may be so presumptuous as to rephrase the wisdom of a Nobel laureate in a genuine discipline: Humanity will be much better off when academia is governed according to its proper and legitimate purpose — the advancement of knowledge and its propagation to students and to society at large. |
| Νίκη — Victoria — Goddess of Victory | |
March madness! | |
Cannon . . . once aspired to a part in the new musical “Oklahoma!” when she was performing and teaching drama in the late 1940s. During a snowstorm somewhere in Kansas, only 15 people showed up for her little act, and she gave a low-energy performance.
Little did she know . . . that a talent scout was in the sparse audience, measuring her for a part in “Oklahoma!” She never got to Broadway, but she always remembered that snowy night whenever she went on stage. As Joe DiMaggio once said, there will always be somebody in the stands who is seeing you for the first and only time.
| Lay Down, Sally There is nothing that is wrong In wanting you to stay here with me. I know you've got somewhere to go, But won't you make yourself at home and stay with me? And don't you ever leave. Chorus: Lay down, Sally, and rest you in my arms. Don't you think you want someone to talk to? Lay down, Sally, no need to leave so soon. I've been trying all night long just to talk to you. The sun ain't nearly on the rise And we still got the moon and stars above. Underneath the velvet skies, Love is all that matters. Won't you stay with me? And don't you ever leave. Repeat chorus I long to see the morning light Coloring your face so dreamily. So don't you go and say goodbye, You can lay your worries down and stay with me. And don't you ever leave. Repeat chorus x2 |
How often do you see something like this? The 1L from a compass-point state college beats the Ivy League alumna. The C-average graduate, not the law review's editor in chief, eventually donates $1 million. The tier-four law school graduate becomes the faculty star, while the Supreme Court clerk hired the same year is grudgingly voted tenure and becomes an unproductive curmudgeon dedicated to guarding his sinecure. One underlying factor may be driving the entire phenomenon. |
Some positions within an organization wield unusual impact over the entity's success. The decision makers who hire these critical performers face a daunting task: to distinguish among closely comparable finalists in a context where small differences in talent can produce enormous outcome divergences. I apply research from psychology and behavioral law and economics to argue that decision makers demonstrate unwarranted confidence in their ability to distinguish among nearly identical candidates. The illusion of validity, representativeness bias, insensitivity to predictability, and the fundamental attribution error all impede decision makers' ability to make these fine distinctions. Once they have made a selection, cognitive dissonance induces inappropriate confidence in the outcome's validity and promotes excessive compensation. Involving a group in the decision may worsen these effects by imbuing outcomes with the false veneer of market legitimacy through social cascades and by discouraging contrary views through excessive consensus or groupthink. * * * In the corporate context, I . . . propose a combination of mandatory compensation caps linked to firm size and a reverse auction among CEO finalists to determine the successful candidate.Rick "enjoyed [Michael's] article, and couldn't help thinking about how it might apply to hiring in the legal academy." Michael's observation that corporate boards' "strong emotional incentive to bolster their confidence" in their CEO choices may lead them "to exaggerate the distinctions between the winning and losing candidates" and to "remain insensitive to the predictability of the new CEO’s future performance." According to Rick,
This sounds to me remarkably like the way we traditionally hire entry-level law faculty. Our predictors of future success, such as the prestige of law school attended, are an empirically poor predictor of future performance, so we convince ourselves that we have found a star, then are loath to recognize, even years down the road, evidence indicating otherwise.This is a very long road, but it leads to a large, beautiful, and eminently habitable house. In academia as in corporate management, reverse auctions can't eliminate imprudent hiring decisions. But they can lower the cost of all hiring decisions.
Interesting article in the Sunday New York Times Magazine: What Makes People Give?, by David Leonhardt:
Cross-posted on TaxProf Blog.What makes people give their money away? [John List and Dean Karlan] considered the usual answers (to make the world a better place, to see your name printed in the back of an annual report and the like) too pat, too simple — and sometimes just wrong. Over the years, whenever one of them asked fund-raisers why they did what they did, the responses were vague and unimpressive. There didn’t seem to be much empirical evidence to support the strategies employed by most fund-raisers. So the two economists wondered whether charities were wasting a lot of effort. ...
For a long time, philanthropy was mostly ignored by social scientists ... Academics, for their part, have come to realize that charities provide an excellent laboratory for studying human behavior ... When charities are designing their donor appeals, they often go by nothing more than a few rules of thumb, some of which may be profoundly insightful and others a good deal less so. ...
As Michael Lewis (a contributing writer for this magazine) explained in his 2003 best seller, “Moneyball,” baseball executives spent years clinging to beliefs that were simply false. Only recently, thanks to the emergence of young executives who insisted on looking at data, had some of the myths been exposed. The research on charitable giving is still in its early stages, but is it possible, I wondered, that fund-raising would also prove to be riddled with inefficiencies? Absolutely, List replied. “I think most fund-raisers are doing this wrong.” ...
| Top: Edgar Degas (French, 1834–1917), The Dancing Class (ca. 1870). Bottom left: Ernst Ludwig Kirchner(German, 1880-1938), Woman at the Mirror (1912). Bottom right: Pablo Picasso (Spanish, 1882-1973), Girl Before a Mirror (1932). | |

I am a big sports fan but not that knowledgeable about ways to pad sports statistics. Of course, in basketball, total rebounds is not very useful. Offensive rebounds are critical. Points without much attention to attempts is pretty worthless. In baseball, I am not sure. Certainly a win/loss record is way too mushy when ERA tells you more about pitching effectiveness. Hopefully even the most unMoney Ball manager in any field knows to look at stats that really reflect performance.



| Herewith an open letter to Michael Stokes Paulsen, Distinguished University Chair and Professor at the University of Saint Thomas School of Law. |
There is something to be said for reconfiguring the law school curriculum, especially in a third year that is as widely wasted as it is dreaded, according to the functional needs of new lawyers rather than the intellectual predilections of sinecured professors or, even worse, those professors' personal convenience.
Short of a comprehensive restructuring of the upper-level law school curriculum — which after all is the sort of proposal that sinks tenure petitions, ends deanships, and generally withers otherwise promising academic careers — perhaps we can consider a more modest intermediate step. Every law school student should complete a six-credit, two-semester "capstone" sequence as part of her or his third-year experience. Relying strictly on my personal arsenal of curricular weapons, I could conceivably offer full-year sequences in economic regulation (from antitrust to full-blown, command-and-control regulation of entry and rates), agricultural law and agribusiness law, the law of disasters, or natural resource and public lands management, among other possibilities. These are not offerings that lend themselves to a single 2-, 3-, or 4-credit course. In the tradition of, say, sports and entertainment law, they undertake to explain an entire way of doing business and to integrate such bodies of law as may be pertinent — all from a prospective client's perspective rather than the professor's idiosyncratic view of the field. Team teaching, skills training, and clinical experience can all be incorporated into this capstone sequence.
| University of Louisville Men's Basketball Senior Class, 2008 | ||
| #43 Terrance Farley | #4 David Padgett | #3 Juan Palacios |
These players played for the name on the front of the jersey, not the name on the back.It's a compliment I hope to infuse in a different portion of the University of Louisville.
Labels: Louisville
I know you're hurting. For that I'm sorry. But for your sake and the school's as well, you must be cheerful. Act happy. Fake it if you must.Because this is MoneyLaw, because I know how to embed videos, and because I like the Dixie Chicks, I offer you a song that captures the sentiment of the moment: