Reworked/Reranked LST Data in Spreadsheet Forum

[Rigo]

Thanks for doing this, OP. TLS loves its spreadsheets!

[unodostres]

thanks.

really insane to see sc that low in terms of numbers. most of their employment comes from big law. thats some weird shit

[brezz]

You can't take the school funded rate at the bottom. That includes short-term or part-time school-funded positions. You follow the red asterick(i.e. Minnesota's FTLT school-funded is 1.8, not 8.

I see what you're saying but the red asterisk is after Public Service Score. For Minnesota it says that up to 1.8 of the total 12% Public Service Score may be school-funded. If you hover over the "?" after School-Funded Rate it states that 8.8% of the class of 2013 are being paid by the school in some manner.

You're taking off the school-funded rate twice with the way you are calculating this, though. For example: Northwestern has 12 school-funded positions. 5 are long term full time, 6 are long term part time, and 1 is short term part time. The way you are calculating this, you took the school-funded rate of 4.2% (which includes all 12 school-funded positions) and subtracted it from 79.2% to get 75.0%. But the 79.2% statistic only included 1.8% school-funded jobs (the 5 long term full time positions). So basically your numbers are all a little off based on the way you did the math. I applaud the effort though, and I think it is still useful data.

[03152016]

woop woop

suck it mg

[jbagelboy]

This is meaningless for a variety of reasons.
If everyone who went to Yale wanted biglaw, they would be 100% employment score + 100% (biglaw+fedclerk)
Same goes for Harvard and Stanford, to a slightly lesser extent.

this isn't the way it works, and if you've gone through OCI you should know that (grades and school are important but non-dispositive features of large firm hiring and it doesn't matter which of the five or six or so top programs you attend, this will be true regardless). The real answer to the poster's question is far more complicated, suffice to say that a statistically significant portion of yale students every year pursue a less traditional path than working at a large firm or working in chambers and those positions, albeit well regarded and career advancing, aren't reflected in LST data. And selective firms will pull deeper into the class at Stanford or Harvard than they would at say NYU, which also isn't reflected in this type of "reranking." I'd also suggest Harvard and Yale have the advantage/disadvantage of not being "regional" - this helps with non-NYC/CA markets (cough DC).

What I do appreciate about this is how it slashes the cheats relying on $25,000/yr school funded fellowships to boost their employment scores

[AT9]

How was this calculated? Just LST score - % of total school funded jobs? I don't think that's the most accurate way to measure this. I assume the purpose is to get the % of actual FT, LT, bar passage required legal jobs not funded by the school. If so, I think it's more accurate to use the LST score minus the % of LT, FT, school funded jobs (as opposed to non FT, LT, school jobs, as it's now calculated). In other words, the new "score" is not necessarily the actual % of grads in FT, LT, bar passage required, non school funded jobs, because some of the school funded jobs are not LT or FT. Some of the schools are being short-changed a little bit. For instance:

Wake score (56.6) - full time, "long term," school funded jobs (1.3%) = 55.3% (spreadsheet says 49.7).
BC score (63.6) - FT, LT, school funded (0%) = 63.6% (spreadsheet says 58.9).
Minnesota score (69) - FT, LT, school funded (1.8 ) = 67.2% (spreadsheet says 60.2).

I am all for clarifying the real numbers in light of school funded jobs, but the current figures are somewhat misleading.

[JusticeHarlan]

Why is Yale's employment so bad?

http://www.top-law-schools.com/forums/v ... 9#p5349947

[dixiecupdrinking]

Again, this highlights the problem with treating all school-funded jobs as equal. YHS school-funded jobs are legitimate and often things that students have opted into (in no small part because they have generous LRAP programs). School funded jobs at Fordham or whatever are bullshit. When you treat them all the same, you get rankings that don't comport with what is observably true in the real world, i.e., Yale way too low, and Harvard/Stanford to a lesser extent.

But that is actually a criticism limited to the very top schools. This list is probably at least marginally useful for people deciding between GW and WUSTL or whatever.

[Winston1984]

This thread blows.

[Lord Randolph McDuff]

Dude, your spreadsheet is meaningless. You subtracted all school funded jobs instead of only the school funded jobs that are LT/FT, thus the jobs that would throw off the LST score. It would have been just as easy to do it the right way.

The first school I checked should be 69%. That's how many people have LT/FT non school funded legal jobs. But you have them at 59%. That number might as well have been pulled out of a hat.