National Jurist, Indiana Tech Law School to Close in June:
Indiana Tech Law School’s future seemed doomed from the time it opened in 2013.
It was the state’s fifth law school and the 26th in the Midwest region, and critics said there was no need for another law school, especially in a time of declining enrollment numbers and fewer legal jobs.
And now, after losing nearly $20 million and graduating one class of students — just two of whom passed this year’s bar exam — the school announced it’s closing at the end of the school year [Faculty, Students To Sue Indiana Tech For Fraud In Law School's Closure]. ...
The likelihood of law school closures has been a hot topic among law school professors and bloggers for the past two years.
Jerry Organ, of University of St. Thomas, compared today’s law school environment to what happened to dental schools in the 1980s. Ten percent closed due to a significant decline in the number of applicants. Could 10 percent of law schools shut down, he asked?
Dorothy Brown, of Emory University School of Law, believes a top law school will shut down in the next two to four years. “Primarily, the law school would have to be hemorrhaging a lot of money over a sustained period of time with no end in sight,” she wrote. “Not just a one-time deficit, but millions of dollars in deficits over a sustained period.”
And David Barnhizer, of Cleveland-Marshall College of Law, said 80 law schools are at risk of closing. “Just as the legal employment market is over-saturated due to the surplus numbers of graduates law schools pumped into the system over the past twenty years, the productive capacity of the law school ‘industry’ is entirely out of balance with all foreseeable need for law graduates,” he wrote. “Given the direction the traditional employment markets for lawyers are heading no more than 80-100 law schools could easily serve America’s need for new law graduates.”
In a Kaplan Test Prep survey, 65 percent of law school admissions officers thought it would be a good idea if at least a few law schools closed.