Wednesday, January 30, 2019

The Charleston Saga: Law School as Living Horatio Alger Metaphor

Ah, where were we?  Oh, yes.  Charleston School of Law had finally vanquished and driven out the greedy proprietors who were attempting to sell the city's crown jewel to Infilaw.  Despite Infilaw offering superior legal career trajectory at a market-beating price, Charleston alumni and students felt they could do better, just like the numerous women who turned down my various proposals yelled at them from moving vehicles.  And who could blame them, really? This is America and the gas is pumpin', baby; almost everyone is doing great; everyone except you, in fact.  Infilaw itself has even found more profitable uses of its capital than running successful law schools, proving that legal education is a competitive market giving students lots of bang for little buck.

The good news doesn't stop there.  Charleston has been mightily rewarded for its dogged perseverance. Look at how high it has hoisted itself:
Bell’s splashiest proposal at the time, making the school a nonprofit, is still in the works as the school files paperwork with multiple regulatory groups. As part of the process, the school has paid off $6 million it owed to InfiLaw after backing out of the deal — partly using the school’s funds, partly using Bell’s own money, according to the attorney. Bell said he believes the school can complete the transition by early 2020.
Money well spent, sir! I mean, just look at how the fine specimens develop:
Charleston School of Law’s bar passage rates have lagged for years, a phenomenon that Bell and other college officials have blamed in part on the InfiLaw deal. Some of the school’s top-performing students transferred out shortly after the deal was announced in 2015. Bell said the influx of Charlotte transfers might also be a factor.
...Change is coming, Bell said. With more applicants each year, the cutoff LSAT scores for entry to the Charleston School of Law are on the rise.

“It’s becoming harder to get in. Our profile of students has gone up,” Bell said.
According to Law School Transparency, CSOL has a 44% employment score, a 46.7% bar passage rate, a robust LSAT spread of 143-151, and a non-discounted cost of $241,146.

Brother, if that's not progress to brag about, I don't know what is.  What a happy epilogue for all involved.  You dance, Charleston.  You dance.  And scam on.

1 comment:

  1. Allegedly "a well-organized posse of fresh law school graduates who felt the sale would damage their alma mater’s future by lowering its standards" prevented the acquisition of Charlatan (Charleston) by InfiLaw. Excuse me? Lowering Charleston's standards? They really can't go much lower, if they exist at all.

    Funny that the Charleston scamsters had to pay the InfiLaw scamsters $6M just for not selling their über-toilet. InfiLaw has lost one of its scam-schools and is apparently about to lose the other two, but it is still collecting a fat sum on its way down.

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