First: Epstein is keeping the schedule he's kept for years. Namely, fall quarter at NYU, the latter two at Chicago. When he quits teaching the majority of the year at Chicago, he'll be fully retired and assume an emeritus position at NYU [no gain to NYU].
Secondly, here's a new report by Leiter on faculty citation rankings: http://www.leiterrankings.com/faculty/2 ... pact.shtml
What I would notice is that only one of our top 10 most-cited faculty members is above the age of 70, Richard Posner isn't counted, and Richard Epstein's citations are cut in (presumably) half to reflect his time-splitting with NYU.
What I can say is, of those 10 professors, you can take a class with any of them besides Geoffrey Stone, Nussbaum, or Landes your first year. I'll have taken classes with 6 of them by the end of the year (my elective will be between Posner/Epstein/Leiter). Another thing is that my Civ Pro II class is being taught by Diane Wood, one of the Circuit Court of Appeals Judges for the 7th Circuit, and one of the hot names for the next Supreme Court (of the current 15 7th Circuit judges, 3 teach here -- Posner, Easterbrook, and Wood).
This entire info-dump is, I think, one of the coolest and most unique things about Chicago. We have big celebrity professors, small classes, and you're taking classes with them right off the bat. And Chicago is still noted for hiring brilliant young professors at the beginning of their career, so every other professor I've had is a current or up-and-coming star (whether they choose to move to Harvard or stay here -- quite a few of the young professors have outstanding offers).
And uh, the student body myth is a bunch of BS. At least for my year it is -- especially compared to a lot of the other top schools. The ASW will be fun.