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Corporate Governance

: Nancy Rapoport's Blogspot

Reason number n why Andy Morriss and Bill Henderson rock.

By Nancy Rapoport

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Over at the Legal Profession Blog, Bill Henderson has posted an explanation of what it would take for Stanford Law School to overtake Yale in the U.S. News rankings (see here).  In this post, Bill explains that he and Andy Morriss create an annual simulation model of those rankings, and that this model has helped them figure out what Stanford would have to do in order to become #1 in the rankings.  The price tag for becoming #1?  Somewhere between $350 million and $1.8 billion.

Bill's conclusion?  No one could say it better:

The legal profession, especially our students, have some big problems at the moment.  And society's are even larger.  The best law school is one that prepares its students to solve these problems.  This requires a careful balance of innovative teaching and scholarship.  The U.S. News rankings don't capture these metrics.  In fact, they obscure them and create incentives for truly destructive behavior.  By and large the deans are trapped.  From my own perspective, I don't think even one law school in the US News Tier 1 has reached even 10% of its potential to educate and solve problems.  Too many one-professor silos.  Too much ego.

I am sorry to moralize.  But someone needed to say it.  Let's focus on some problems worth solving.  At the end of the day, it will be worth it.

Bill, I'm glad you said it.  BRAVO.

Full post as published by Nancy Rapoport's Blogspot on August 02, 2010 (boomark / email).

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