Thursday, August 27, 2015
Law school enrollment has taken a big hit in recent years with entering classes shrinking by more than 25% between 2010 and 2014.
Steven J. Harper, a former partner at the law firm Kirkland & Ellis LLP and author of“The Lawyer Bubble,” says the decline isn’t steep enough.
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Mr. Harper thinks the amount of tuition that government guaranteed loans cover should be tied to an individual school’s employment data, with a sliding scale funding formula that punishes the worst-performing schools. And he faults the ABA task force for not recommending changes that would hold law schools more accountable. Law Blog reached out to a spokesman for the ABA for comment.
While the number of graduates started declining in 2014 and is projected to slide even faster in coming years, Mr. Harper tells Law Blog that he doesn’t think the reductions will matter that much after so many years of oversupply.
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Continue reading the WSJ Law Blog piece here.