Ah, the LL.M. degree. If you’ve ever gone to law school, you’ve cracked many a joke about the international students and their LL.M.’s. The Master of Laws degree is almost synonymous with a foreign student trying to get a degree that will give them a beachhead in the U.S.
And law schools are increasingly using it to entice more money out of already-indebted law students.
The American Prospect has a recent article about the growth of these programs, especially in the wake of a number of law schools being forced to cut faculty and salaries in order to maintain their bottom line. Law school applications continue to drop precipitously, and that makes it harder to attract qualified candidates. Schools need to leverage scholarships to keep their numbers up, eating into their profits.