Paul L. Caron
Dean





Wednesday, April 1, 2020

Law School Transparency's 2025 Vision

Law School Transparency's 2025 Vision:

LST CoverLST's 2025 Vision: A Guide To Our Way Forward:
The challenges facing legal education in 2020 run deep and, in some cases, will take several decades to address. Our vision for lower tuition, lessfinancially stressed graduates, and a more diverse profession requires that we change the environment in which law schools operate. Over the next five years, we believe it is possible to create the conditions necessary to achieve both rapid and long-term positive change.

Our plans and proposals are intricate and thorough, making this report lengthy and dense. The next few pages will serve as a guide to the report’s two main parts. The first part of the report looks at how LST plans to remake law school incentives. This part begins with a section on the U.S. News law school rankings methodology and how the rankings negatively impact students, schools, our profession, and more. The next section estimates the cost to buy or license the rankings—a thought experiment that demonstrates the absurd power U.S. News has over law schools. The next section examines two projects from LST aimed at fostering competition with U.S. News as part of an effort to mitigate its influence on law school operations. The last section describes a change to the rankings methodology that LST is encouraging U.S. News to adopt.

The second part of the report looks at modernizing the law school accreditation standards. The first section examines the overly prescriptive nature of the current standards. The second section contemplates how the standards can better protect consumers. The final section details several transparency proposals related to costs, diversity, and innovation.

https://taxprof.typepad.com/taxprof_blog/2020/04/law-school-transparencys-2025-vision.html

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