ALUMNI SUPPORT REVENUES BLUES

 

Law school alumni financial support fails to keep pace with rising costs and is often more closely linked to related undergraduate sports performance than post graduate academics - Funding for law school programs suffers. [Independent interviews with law school school staff and alumni (1998-99)]

"Fully 35% to 50% of law firm associates leave within three years because the firms don't accommodate family needs ...." The Wall Street Journal (6/29/1999)

Stemming the tide of law firm associate (and partner) drop-outs has become a law practice issue of national significance. E.g., ABA Journal May/June 1999

"Associates often don't provide a financial return on their firm's investment until the fourth year ...." The Wall Street Journal (6/29/1999)

As "rude awakenings" and dispelled illusions give rise to increasingly widespread disenchantment with the realities of the traditional practice of law - without the benefit of understanding the potential breadth and benefit of other applications of law degrees in the marketplace - the interest in contributing to law school (and related postgraduate) alma maters of alumni, parents of alumni, and others who are touched in the process, decreases ... dramatically.

Potential Cause - Cure - Alumni Academic Revenue Rehabilitation