Thursday, December 13, 2012
LSAC reports that as of December 7 (roughly 30% through the cycle), applications for the law school class entering in 2013 are down 24.6% from 2012 and applicants are down 22.4%:
Paul Campos (Colorado), Applications to Law School Are Collapsing:
These numbers suggest that law schools will have a total of somewhere
between 52,000 and 53,000 applicants to choose from in this cycle, i.e.,
slightly more than half as many as in 2004, when there were 188 ABA
accredited law schools (there are 201 at the moment, with an emphasis on
"at the moment").
To put that number in perspective, law schools admitted 60,400 first year JD students two years ago.
Since a significant percentage of applicants are unwilling to consider
enrolling at any school below a certain hierarchical level, and/or will
decline to enroll at certain other schools without receiving massive
discounts on the advertised tuition price, these numbers portend fiscal
calamity for more than a few schools. But out of that calamity will come
the beginnings of a more rational and just system of legal education
for the next generation of lawyers.
Update: ABA Journal, Fiscal Calamity Ahead for Some Law Schools? Applicants for 2013 Drop 22% in ‘Free Fall’