“Law Schools Peer into the Abyss”
Not so long ago, law school was a growth industry, with new schools being created and enrollments going ever higher. What a turnaround there has been over the last ten years.
Enrollments of first-year students are back where they were 40 years ago. According to the Law School Admissions Council, in 2004, more than 100,000 students applied for law school, but in 2013, just 59,000 did. Some law schools have had to lay off faculty members and administrators. Four independent law schools have recently had theirbonds downgraded to “junk” status by Moody’s and Standard & Poor’s, reflecting their questionable finances. READ MORE HERE