Thursday, April 2, 2009
We've been saying it for months on this blog, now the New York Times adds its imprimatur to the growing number of commentators who recognize that we may be heading towards a “a paradigm-shifting, blood-in-the-suites” change in everything from the tuition law schools charge, to the role they play in preparing students for alternative careers, the salaries grads can expect to earn and the reduced fees clients can expect to pay.
Obviously, no one yet knows how the dust will eventually settle but as this NYT says in this editorial:
The past few decades of prosperity made a lot of lawyers wealthy, but they were not always good for the profession. Law school deans, bar association leaders and firm managers should follow Rahm Emanuel’s advice about never allowing a crisis to go to waste and start planning for what comes next.
You can read the whole editorial here.
Hat tip to the ABA Journal blog.
I am the scholarship dude.