June 21, 2011
Law School Grad Labor Market Oversupply: Not Yet a Trend But Creighton Law Is Willing to Share the Pain
Jim Levy on Legal Skills Prof Blog, by way of ATL's Trendspotting: Will Law School Start Decreasing The Supply of Unemployable New Lawyers?, reports that two more schools have decided to admit fewer students - Creighton and Western New England.
For Creighton, though, this isn't a one-time adjustment in response to lower applications. ... Creighton's Dean Culhane is instead planning on reducing the class size for the next four years and that means forgoing about $600k in revenue for each of those years.
Taking a $600K hit each of the next four years is no small matter. Check out the Omaha World-Herald story, Creighton Law pares class size, for details.
Levy comments "[i]t's a small but important gesture for the faculty to show recent grads that it is willing to share in the hardship of a lousy job market." Well, it is not a trend but at least Creighton Law is acting responsibly. Some other law schools have increased the their traditional student enrollments to "pay for" budget cutbacks.
Kudos to Creighton Law. "Shame on you" to some other law schools. [JH]