An interesting piece of info: http://lsatblog.blogspot.com/2012/05/co ... tml#source
So apparently of the 38 people Columbia lists as having law-school funded fellowships in c/o 2011, 38 were still on those fellowships at the 9-month mark. As a percentage of class this is actually towards the lower end of the T-14 (of the released stats, only Cornell and Virginia have a higher %).
(I can't really vouch for the accuracy/non-accuracy of that blog, but don't see a reason someone would make something like that up)
So despite having pretty incredible Biglaw+clerkship numbers, Columbia wasn't immune to the awful crash either. It's kind of remarkable, the stark differences in c/o 2011--some schools just absolutely got hammered Biglaw-wise, but somehow did a great job finding their students legal jobs (Michigan), others seem to have had very little success in turning law-school funded jobs into permanent employment. I suppose it may also reflect the degree to which students were willing to take jobs they would have found not as desirable when deciding to go into law school.