It was really only a matter of time before lawyers' salaries began to decline dramatically, and astute young people began to realize that a $70,000 to $90,000 investment in law school may turn out to be a very bad deal.
no here is the real fact.
Law schools simply have waaaay too many first year seats. There are more seats than applicants.
ANYBODY, and I do mean ANYBODY, with a four year degree can go to an accredited law school.
The ABA should be calling for the CLOSING of some of these law schools that are nothing more than diploma mills and cash cows for universities.
Seriously, if you just close the law schools opened in the last 15 years that would help. The ABA is being hypocritical since their accreditation program created this mess by handing out accreditations like candy.
If I understand this article, it seems the ABA is fulfilling Shakespeare’s oft-quoted canard “Let’s kill all the lawyers...” by trying to cut them off from the source.
Agreed! In fact, the monopolistic law school accreditation only makes the system much the worse. Bar exams should be open to anyone willing to take it. (That would scare the sh!t out of existing lawyers.)
As it is, hiring a lawyer is like jumping into a shark tank judging which one will naw on you the least while hoping they actually do their job.