Law school has a bit of a bad rap lately. A few years ago, a downturn in legal employment made clear that law school really didn’t offer the kind of odds of stable employment that many students expected in return for their six-figure investment.
Since then, law school applications have fallen. Big time. LSAT administrations are down 41% from their peak in 2009-2010. The number of applicants to law school declined 42% from 2005 through last cycle, and stands to be even lower this year.
At the same time, there are signs that the job market is recovering. Hiring looks to be on the way up. Take all of these facts together, and it’s looking like a good time to apply to law school.