The GAO Report, Issues Related to Law School Cost and Access, is out and being much discussed in the blawgosphere. GAO concludes “According to law school officials, the move to a more hands-on, resource-intensive approach to legal education and competition among schools for higher rankings appear to be the main factors driving the cost of law school, while ABA accreditation requirements appear to play a minor role.”
Saul Levmore thinks they miss the point.
Paul Caron has a synopsis, charts, excerpts, etc.
Christine Hurst responds to Danny’s Lounge posts on the AALS bait-and-switch (here and here) with her own set of Questions FAR Candidates Would Like to Ask
Via Legal History Blog, The Coase Centennial
Tyler Cowen: Jesus Versus Germs
The Economist (via Paul Kedrosky): American bank failures: An uncelebrated century. See here for prior Lounge coverage of bank failures.
Above The Law: UC Hastings Tuition Hike
The Chronicle: What Poker Can Teach Us (via Felix Salmon)
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