Well, I won’t be splitting the Mega Millions with anyone. I didn’t win last night’s gazillion dollars. But then since I forgot to buy a ticket — I can’t complain about not winning the $636 million Mega Millions jackpot.
Congratulations, though, to whoever it was in Atlanta, GA and in San Jose, CA who correctly picked the winning numbers of 8, 14, 17, 20 and 39, with a Megaball of 7. Another 20 ticket holders will win $1 million after matching all the numbers except the Megaball. For the rest of us, “Happy Hunger Games! And may the odds be ever in your favor.”
The truth is that for most of us, the odds of winning aren’t always in our favor. And especially in the case of the Mega Millions Lottery, those odds are now slimmer than ever. The field of numbers to choose from changed from 1 through 56, to 1 through 75 and the odds of winning a jackpot changed from 1 in 176 million, to 1 in 259 million. Last, the jackpot annuity payout changed from 26 years to 30 years.
And speaking of long odds, the legal profession’s own version of “Hunger Games” continues for newbie lawyers. But at least the market correction has accelerated. According to law professor Paul Campos, “Most law schools now appear to be losing money, and law school budgets almost everywhere will undergo even more severe stress as the entering classes of 2011 and 2012 are replaced by much smaller cohorts over the next two to three years.” See Progress report at “Inside the Law School Scam.”
Can this mean the long-term employment odds will gradually improve for law school students and graduates? With law-school matriculation plunging to 1970s levels and some law schools finally wising up and slashing jobs and salaries, it will still take some time.
The clown car is still packed with too many chuckle heads chortling that the “perceived oversupply of lawyers is largely illusory” while the car goes 90 mph over the nearest cliff. See “ASU law school to move to downtown Phoenix in time of lowest law graduate employment.”
Fortunately for CLE-needy lawyers on this blog who are still hunting freebie CLE before the December 31st witching hour, there’s still time. But procrastinators better hurry since one of the programs is webcast tomorrow, December 19, 2013. The usual disclaimers apply.
“The Year in Review and a Look Forward to 2014”
Thursday, December 19, 2013, 10:00 AM – 11:30 AM PST
Lawyers Mutual Insurance Group
“Anatomy of Effective and Ethical Law Firm Websites”
For MCLE (1.25 hours ethics credit) at