While today’s cover story from the New York Times on retroactive grade inflation relates to Law School, where times for its graduates are arguably the toughest among professional programs, it is still an important indication of how far some schools are willing to go to satisfy their customers… ahem… students.  At least ten law schools have raised not just current students grades, but also alumni grades as well, to ensure that their studnets/alumni are competitive in the job market. Further, some schools are even paying law firms to take graduates on a trial basis, hoping that they will make themselves indispensible and secure long term employment.  Quietly, stories of similar approaches – extended paid research internships that improve employment numbers, for example – are seeping out of MBA programs, but they are yet to make the cover of the New York Times.