In today's post, we'll take a quick look at the changes in the number of people who sit for an LSAT. The graph pretty much speaks for itself, but it's interesting to note that the rapid decline in testtakers since the Great Recession has actually only returned the numbers to their historic averages.
|Area graph with percentage change overlay for LSATs administered since 2000. Note that the February 2012 statistics are projections.|
As the NYTimes put it, there are a lot of schools that seem to be taking advantage of student's willingness to pay ridiculous tuitions and fees for a shot at a (biglaw) lawyer's salary:
[Many law schools are] ranked in the bottom third of all law schools in the country, but with tuition and fees now set at [nearly $50,000 a year,] charge more than Harvard. [Many have] increased the size of the class[es] by an astounding 30 percent, even as hiring in the legal profession imploded. [And, worst of all, these schools] reported in the most recent US News & World Report rankings that the median starting salary of its graduates was the same as for those of the best schools in the nation — even though most of its graduates, in fact, find work at less than half that amount.In short, we just want to make sure that you really want to go to law school before you start the arduous task of preparing for the LSAT.