Today brings us more evidence that the number of people applying to law school is dropping. A new Kaplan survey shows that 51 percent of law schools have cut the size of their incoming classes. Of those schools, 63 percent claim they are cutting in response to the weak legal job market.
While the job market is certainly a factor, we know that schools are also struggling to keep up their admission standards as fewer and fewer people apply to law school. Some people think this is a temporary trough and that applications will pick back up once the economy gets better.
But some people see a crash coming, one that will force a few law schools out of business…
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