In a perfect illustration of the winner-takes-all model prevalent in the US, UCLA Law School received a $10 million gift - the largest single gift in its history - to set up the "Lowell Milken Institute for Business Law and Policy, which UCLA officials said was the result of a three-year effort by law school leaders and Milken to create business and law initiatives that focus on innovative research, problem-solving and hands-on skills training."
This is truly impressive in a very tough climate for university endowments.
On the other end of the spectrum, two class action suits have been filed against Thomas M. Cooley Law School (Michigan) and New York Law School (not NYU Law School). The plaintiffs are graduates of these law schools. They are suing for "$250 million from Cooley and $200 million from NYLS in tuition refunds, as well as other damages and reformed employment statistic reporting practices.
Both lawsuits state that the plaintiffs seek “to remedy a systemic, ongoing fraud that is ubiquitous in the legal education industry and threatens to leave a generation of law students in dire financial straits.”"
A similar suit was filed against Thomas Jefferson Law School (San Diego).
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