"Are the Smartest People Avoiding Law School?"
Are the wrong people losing interest in law school?
That’s the question posed by the Atlantic, which notes a 13.6 percent drop in applicants who scored highest on the Law School Admission Test, but only a 4.3 percent drop in applicants who scored the lowest. The Law School Admission Council released figures on the one-year drop in applicants at ABA-accredited schools based on numbers collected through the end of March.
The breakdown at the high end: Applicants scoring 175 to 180 dropped 13.6 percent, applicants scoring 170 to 174 dropped 20.7 percent, and applicants scoring 165 to 169 dropped 18.5 percent.
The breakdown at the low end: Applicants scoring less than 140 dropped 4.3 percent, applicants scoring 140 to 144 dropped 6.2 percent, and applicants scoring 145 to 149 dropped 13.8 percent.
My hunch is that the top scorers next year will stay the same or slightly decline. If the top scorers had the biggest drop this time, it is because they are probably the most well informed and connected candidates. For this cycle many of those potential people saw LST numbers and left in larger numbers.
However, I think the low scorers are next. When I talk to some people about how law school is not a safe choice, they kind of get this confused and glazed over look on their face as if being an attorney = automatic WEALTH AND PRESTIGE. But I bet the news cycle will be even less kind to law schools this next year. For example Vermont Law School is starting to lay off employees already. As employees and professors are hitting up the unemployment lines along with law graduates, the story of the law school graduate working at Kmart or Starbucks will have more credibility. For lower scorers I would bet that they depend much more on word of mouth and advice in making their decision. Culture lag and conventional wisdom take a long time to catch up.
And here is hard evidence that law schools are facing a budget crisis next year. 82 LAW SCHOOLS HAVE SEEN DECLINES OF OVER 30%. That really cuts into their bottom lines.http://www.ctlawtribune.com/PubArticleC ... 0027143905