Tiger Woods, the Designer?

Derek ByrdMaybe Tiger Woods best days are behind him.  Maybe he will move onto something else in life, but what?  Can he stick around the game he loves even if he can’t play at the level he once had?  It looks like Woods has found another way to stick around the golf game.  Tiger Woods is redesigning a golf course in Beijing, China.

While he’ll be spending much of his time practicing, he’ll now have another project on his hands.  This redesign project in Asia will pay Woods a whopping $16.5 million.  The project will be two parts in which there will be a future course that Woods will be required to redesign.  Tiger will be working on Beijing Tian’an Holiday Golf Club which when finished in the end will be rebranded as Pacific Links National Golf Club.  Pacific Links International, a Canada-based company that markets a global reciprocal membership plan to golfers are the ones in charge and who have hired Woods.

This is not the first time Woods has tried his turn at architecture in golf.  In 2006, he announced Tiger Woods Designs.  However, he did not fair well with his first three projects in Dubai, Mexico, and North Carolina all stalling due to the economic recession.  With that said, he has had some previous successes.  In December of 2014, Woods opened his first completed course at Diamante in Cabo San Lucas, Mexico called El Cardonal.  He’s also opening his first course in the United States this fall located outside Houston called Bluejack National.

While golf is not huge in Beijing, it is popular amongst the wealthy.  It will be interesting to see if Woods can balance time between practicing and getting this course together.  He was not previously playing his best, and such a project could hinder his comeback.  For more on this article, check it out here.

from Derek Byrd’s Blog on Cal Ripken Baseball Derek Byrd’s Blog Post on Cal Ripken Baseball http://ift.tt/1xBcaU3

What is The Future of Law School?

Derek ByrdDavid Solomon, a law professor at the University of California at Berkeley, believes that the fate of law programs and law graduate is going to drastically change in the next few decades.

In a recent segment he wrote for the New York Times DealBook blog, Solomon focuses on the “signs of vigorous life in the legal job market” which is going to be a defining moment for the appeal law school has for most students. Solomon recognizes that issues such as unreasonable student debt, poor job opportunities, and changes in the school faculty structures are big contributors in the shift of law school enrollments.

Solomon also points to the low levels of student application, which have gone down to 2.9 percent this year alone. He continues to dissect the situation even further, by concluding that class sizes could steady around 37,000 students,  or even in the 1970s levels. Intimate classrooms could mean more jobs available for those who do graduate, and less competition for available jobs in this field.

For high ranking schools the employment market is already looking up. Georgetown University, for instance, had a 93 percent employed rate for its 2013 graduate class, and more than sixty percent were hired in the private sector-  with a starting salary of $160,000.

David also mentions other profits of pursuing a legal career. A study conducted by professors Frank McIntyre and Michael Simkovic found that moving on from graduate school in a terrible economy had a generally little effect on lifetime income in respect to graduating with a four year certification. In spite of the fact that unemployment levels at graduation influence pay for the initial four years, the effect disappears as law graduates advance in their careers. The study concludes that, in this day, a law degree is estimated at $1 million in a lifetime. 

In addition, Solomon also refers to the American Bar Foundation’s After the JD study, which follows attorneys who successfully passed the bar exam in 2000. After two years, law students were very content with the decision to attend law school and career path. Even students from lesser known schools and un-impressive grades were able to earn up to $95,000 during their first year.

from Derek Byrd’s Law Blog Derek Byrd’s Latest Law Blog Post http://ift.tt/1CbBStH