Category Archives: U.Miami

Jan Paulsson to Join UM Law Faculty

Jan PaulssonI’m very pleased to announce a major appointment by the our law school: starting next year, international arbitration scholar and arbitrator extraordinaire (and repeat University of Miami Visiting Professor) Jan Paulsson, will join our faculty as the first holder of the new Michael Klein Chair in Law.

This is a big deal for us in several ways.

First, Jan is globalization personified: born a Swedish national, he grew up in Africa but attended high school in California, eventually wound up at Yale Law School. He has worked primarily in Paris, most recently as the head of the Paris-based arbitration practice of one of London’s (and Europe’s) leading law firms, Freshfields Bruckhaus Deringer. He has extensive contacts and experience in Europe, the Middle East, Latin America, and the Caribbean (and for all I know the rest of the world too).

Second, Jan is arguably the leading arbitration advocate, and arbitrator, of his generation although Jan himself would be far too modest to claim any such thing. Multi-lingual, he is also an incredible multi-tasker, holding or having held many of the key jobs in the international arbitration world, including the Presidency of the London Court of International Arbitration and the World Bank Administrative Tribunal while moonlighting every few years as an on-the-spot arbitrator for the Olympic Games (someone has to be on tap to decide doping challenges). He has also written very extensively in the field, authoring two scholarly books and a slew of articles, as well as editing or contributing to the major practitioner works in his field. Indeed, I'm told that when he joins us Jan will be the most-cited member of the faculty.

Third, he’s coming to Miami to head up a new institute that will focus on international arbitration, with a particular focus on Latin America. I will have more to say about this in the future, but I think there's every reason to believe that under his leadership we should be able to build something world-class.

International arbitration is something of a poor stepchild in the US academy – we in the US are neither the primary users of it nor do we supply a particularly large share of the leading advocates (at least in private law), arbitrators, or scholars – although we do have a few domestic stars. But my sense is that US legal academics in particular do not have a visceral sense of the extent to which arbitration has come to play an essential role in the settlement of international commercial and financial disputes. (This may be because we have a reasonably functional domestic legal system or because historically so much of our trade was domestic.)

At UM we already have a healthy international arbitration curriculum, but bringing Jan Paulsson to Miami as the head of a new center will put us in the first rank of the US institutions focused on this increasingly important area of transnational law. Starting next year we will be offering an LL.M. concentration in arbitration as part of our comparative and international LL.M programs.

But to top it all, it turns out that Jan Paulsson is a very nice person – so when I say it's going to be a pleasure to have him on our faculty, that's no formality.

Formality can, however, be found below, where I quote the official announcement being issued by the law school today.

Continue reading

Posted in Arbitration Law, Law School, U.Miami | 4 Comments

Local Madoff News

In case you were wondering, I have hearsay from a fairly reliable source that the University of Miami had no money invested in the Madoff funds.

Of course, what one hears — always third hand — is that lots and lots of people in the Miami Jewish community seem to have lost a packet.

Posted in U.Miami | 4 Comments

McCain is Coming … Here?

According to this communication from U.M., John McCain is coming to campus tomorrow night. And I mean night.

Presidential Candidate John McCain at BankUnited Center Tomorrow Night

Republican candidate for president Senator John McCain will be speaking at an RNC Road to Victory Rally Sunday evening at the BankUnited Center on the Coral Gables campus. Doors will open at 7:30 p.m. and the program will begin with performances by several Spanish-language musical groups. Senator McCain will speak at around 11:30 p.m.

This rally is open to the general public and the University community. Students, faculty, and staff must bring their 'Cane cards to gain admission to the event. Members of the general public should visit this Web site to obtain tickets.

For security purposes, do not bring bags and please limit personal items. The following items are not permitted in the BankUnited Center: signs, banners, video and audio recorders, and cameras. For the complete list of items not permitted in the BankUnited Center, visit www.bankunitedcenter.com.

Sound like the real fun might be outside?

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Posted in U.Miami | 2 Comments

More About Starting Salaries

The comments to University of Miami Law Tops Florida Bar Pass devolved into a discussion of the employment prospects of our graduates.

In the course of that discussion, questions were raised about the data the law school publishes in its Viewbook. In particular, commentators questioned the claim made there that the average starting salary for UM grads who work in firms is over $100,000. I wondered about that myself, as the breakout data later on the same page seemed to suggest something lower.

Could the law school have made a (convenient) error in the viewbook?

I took my concerns to the law school administration, who responded by giving me a full data dump and a full explanation. I don't have the energy to try to type in all the data, so I'll just try a simplified version of the explanation. [If you really have to have more, or have further questions, the Dean of Career Development, Marcy Cox, mcox@law.miami.edu (305-284-2668), says she's happy to address them.]

According to Career Development Office, the reason why the both $104,500 number and the more detailed but somewhat different pie charts accompanying it are accurate has to do with response rates, differing data sets, and national reporting standards.

Not everyone who responded to the law school's survey about what they were doing immediately after graduation chose to disclose their salary. Thus, the charts about firm size, for example, are based on a bigger data pool than the salary number. In 2007 we had 378 JDs. Of that group, 346 had replied to our survey at the time the Viewbook was produced. Of that 346, however, not all worked for firms — and of the group that worked for firms only about 46% gave us salary data. So the average salary number of $104,500 is based on the data provided by that 46%.

Since firm size and starting salary are related, you might reasonably object — as I did — that it would be more reasonable to pro-rate the responses of the people who gave salary data on the assumption that the people who didn't fill in that part of the survey earned similar amounts by comparable firm size. And I still think there's something to that. But I'm told by the Career Office — and I believe them — that the average salary data is presented the way it is because that's how all law schools do it and the goal is to provide prospective students with numbers that can fairly be compared to what is provided by other law schools.

The Career Development Office avers that it collects the data and reports it in accordance with ABA and NALP guidelines, using the same methods that every other accredited law school in the country uses. Were the law school to do something else, the administration notes, it would no longer be reporting to students in the way it reports to the ABA and NALP. That would mean our data would have an asterisk. And even if we were doing it in order to provide better data the inevitable conclusion that most people would draw is that we were trying to hide something. So the Catch-22 is that we have to do it this way, possibly sacrificing some statistical excellence and even accuracy, or else we'll look like we're engaged in some sort of cover-up. And, of course, in addition to having an asterisk, we'd be harming our competitive position since we'd have gone to some trouble to calculate and report a lower number which would harm marketing and recruiting.

It seems to me that UM is between a rock and a hard place here. I would prefer that we use the best statistical techniques, pro-rate the data we have, and let the chips fall where they may. Following the national standards will, I believe, tend to cause this (and apparently almost every other) law school to report a number as “average” that is in fact likely to be higher than the reality. By my back-of-the-envelope calculations, what UM — following a methodology its competitors use — reports as an “average” salary for graduates in firms, is most likely closer to what someone in the 75th percentile of the salary distribution gets. And given the law firm salary structure is now a notoriously double-humped curve (see Starting Salaries For Law Students are BiModal — If Not Bipolar for more details), this is a fairly severe truth-in-advertising problem.

Students nationally have some right to be upset. On the other hand, it seems pretty hard to ask UM to engage in unilateral disarmament in the recruitment wars: this is a job for the ABA or the AALS to resolve on a national level. (It also means that students thinking about a law career and hoping for the giant salaries offered by the biggest firms should really understand what that double-humped curve means to their prospects.)

Meanwhile, however, I've asked the Career Development Office to include something in the next edition of the Viewbook that makes clearer the relationship between the various data sets it uses. They've agreed in principle, and we'll thrash out some language when time comes to do the next edition.

Posted in Law School, Law: Practice, U.Miami | 3 Comments

Croc Killer on the Loose!

Crocodile at University of Miami lured to shore and beheaded | MiamiHerald.com

A bag of fishing chum was found near the mutilated corpse of an endangered crocodile on the UM campus.

BY CURTIS MORGAN

The butchered carcass of an endangered American crocodile was discovered Wednesday in a canal on the University of Miami campus.

A mesh bag with fishing chum found on the canal bank suggests the protected animal was lured to its death, then its head and tail were chopped off, said Officer Jorge Pino of the Florida Fish and Wildlife Conservation Commission.

While large alligator heads are sometimes mounted as trophies, Pino said it would be pure speculation to guess at the reasons for the croc beheading.

Nobody's safe around here?

Links to full (I think) discourse.net crocodile coverage:

Update: Forgot to say that “Croc Killer on the Loose” is better than “Killer Croc on the Loose”!

Posted in U.Miami | 1 Comment

Obama to Visit UM

Barack Obama will be visiting the campus on Friday.

I'm going to miss it, because I will be in New York. On Friday I'll be at Fordham Law for a seminar; on Monday I'll be at Brooklyn Law giving a paper. Over the weekend, TKTS willing, I hope to catch a play. Suggestions for other cultural highlights welcomed.

Posted in Talks & Conferences, U.Miami | 6 Comments