Academic

HLS Budget Cut

By Alfred Brophy

Here's some more sobering news.  According to the Harvard Crimson, staff cuts are impending at Harvard Law School in the wake of a 10% budget cut at the law school.   The law school is also holding off on filling staff positions.  Here are a couple of key paragraphs from the article:

The likely layoffs come amidst continued estimates of a 30 percent decline in endowment value by year?s end and a corresponding reduction in the endowment payout?a major source of funding for the University?s different schools that accounts for 40 percent of the Law School?s annual revenue.

A recent University request for a 10 percent reduction in the Law School budget has made staff layoffs inevitable as the school works to maintain its commitments to financial aid and its educational priorities, Jackson said in an interview with The Crimson Monday. 

Full post as published by The Faculty Lounge on May 06, 2009 (boomark / email).