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[quote=Anonymous][quote=Anonymous]Putting down law school has become very popular, and law school admissions are declining steadily. So the popular wisdom is "don't apply to law school." [img]http://si.wsj.net/public/resources/images/MK-CI666A_LAWSC_NS_20131217182103.jpg[/img] But what that really means is there will be fewer new lawyers three years from now. [b]If demand for legal services doesn't drop as suddenly as the supply of lawyers,[/b] it will be a great time to graduate law school. I have no idea why people are dumping all over Duke. It deserves its top ten spot. I would go there over Emory every day of the week. If you plan on practicing in the south or midatlantic, even more so.[/quote] The demand is dropping like a rock. Many firms are reporting revenue declines this year. And what demand is out there is at a lower price point with clients demanding discounts. Given the large numbers of under employed recent law grads I think it will take a lot fewer new lawyers just to get to equilibrium, much less get to where there is actually good demand for new lawyers.[/quote]
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