People keep emailing me about a blog post about the bimodal distribution of law school graduates’ salaries. I haven’t felt compelled to blog about it because it covers ground previously discussed here.
I’d like to point out that the charts from that blog post are falsely presenting the true story, because those statistics are based on faulty law school career placement office reports. As I explained last month, nearly half of law students don’t respond to a job survey, and it’s likely that only a miniscule number of non-responders have one of those plum jobs because law schools make sure that the people with good jobs respond so the schools can use the statistics in their marketing.
The law school job statistics need to be reported according to uniform standards, and audited by independent auditors, just like the financial statements issued by public corporations. The financial statements are used by investors to determine if they should invest in the corporation. The law school placement statistics are used by prospective students to determine if they should invest in law school. The same standards should apply.