The Law School Admissions Council reports a further dip in the number of students sitting for the LSAT. According to recently compiled data from LSAC, the number of people sitting for the October 2012 LSAT was down over 16% from October 2011. And the number of first-timer takers was down roughly 18%.
This drop surely reflects the fact that more and more potential applicants are skittish about the value proposition of law school and their career prospects if they do attend. For law school and university administrators, this probably means another year of nail-biting about balancing class quality against paying the monthly nut.
With US News hovering in the background, deans are trying to determine how many LSAT and GPA points they can sacrifice without falling behind in the ranking sweepstakes.
And in the hallways, a few more faculty will be sucked into whispering the question: how exactly might law schools reduce the number of seats 10 or 15 percent in aggregate?