Steve, thanks for the clarification. Also, can you discuss a little bit about the reading groups? How do you get in one? How does it mesh w/ the 1L schedule? Thanks.
Well the reading groups are optional although almost everyone participates. A few weeks into the semester you get a list of about 40-45 professors with topics. I can't seem to find the list but this year (and I assume every year) it had all the big name professors there - Tribe, Fried, Dersh, etc. You pick six if I remember right in order of preference and get assigned to one based on a lottery (groups are limited to about 10 people for intimacy). You meet every few weeks outside of class (the group decides on a schedule that works for everyone) to socialize with the prof and discuss the reading (dinner, lunch, or dessert is usually served depending on the time of meeting). Meetings are either at the school or at the prof's home.
I really liked my reading group - you get to know the prof, its a completely no pressure situation (i.e. if you have a lot of work that week and can't come its not that big of a deal).
There are also upperclass reading groups (for credit) but I don't know much about those.