Application numbers going up next year?

  • 4 Replies
  • 1710 Views
*

Offline StrawMan

  • Newbie
  • *
  • 19
Application numbers going up next year?
« on: March 07, 2015, 11:03:39 AM »
OK, so I wanna get some thoughts on this. A lot of people claim that 2014-15 was the best year to apply to law school, with application numbers almost 40% below what they were in 2010, and LSAT medians down 1-3 points at most top schools. Is the party over? I mean, just like the Great Recession eventually translated into reduced job opportunities for lawyers, we should expect that an improved economic outlook would eventually have the opposite effect. Unemployment is down to 5.5%, jobs are being added in the service sector, etc.. OK, maybe the legal profession is slow to respond to such changes (it took 2-3 years for the Great Recession of 2010 to hit the legal market). Maybe its wishful thinking on my part, but it looks as if the absolute smallest cohort of law school graduates will enter the market at the best possible time, when law firms start expanding in order to meet an increased demand for transactional work.

Also, check out these articles that corroborate this line of reasoning:

http://www.slate.com/articles/business/moneybox/2014/06/why_now_is_a_great_time_to_go_to_law_school_part_2.html
http://blog.powerscore.com/lsat/now-may-be-the-best-time-to-apply-to-law-school

Thoughts?

*

Offline LSAT Eliminator

  • Administrator
  • Hero Member
  • *****
  • 702
Re: Application numbers going up next year?
« Reply #1 on: March 08, 2015, 04:25:44 PM »
The application pool is a big deal for law schools--it's been dropping for a while, and you it's making it easier to get into the best law schools. They're struggling to keep their numbers up, and while some law schools are taking fewer students, around the edges they are letting in applicants they wouldn't have before. so, every time the total number of applicants drops (and it did again this year), it gets just a bit easier to get into law school. And the better your LSAT and GPA, the better chance you have of not only getting in, but getting scholarship money as well.

I know less about the employment market, maybe someone else can comment about that. 

*

Offline StrawMan

  • Newbie
  • *
  • 19
Re: Application numbers going up next year?
« Reply #2 on: March 09, 2015, 02:24:59 PM »
Very true. I have a buddy with 162/3.5 who has gotten into Vandy, Fordham, GW, and WL at GULC. He's not a minority either... His advisor told him not to worry too much about the employment market, because it's been picking up as of late. By the time he graduates, law firms should be in full hiring mode. The only problem that *I* see with this theory is that most recruitment takes place after your 1L, so if you're starting law school in the Fall, you'll be going through OCI recruiting in 1 1/2 years. Does that give the market enough time to bounce back?

*

Offline LSAT Eliminator

  • Administrator
  • Hero Member
  • *****
  • 702
Re: Application numbers going up next year?
« Reply #3 on: March 12, 2015, 04:04:51 PM »
Related note is that both the December and February LSAT administrations saw increases this time around ( http://lsac.org/lsacresources/data/lsats-administered ). The year as a whole was still down, but that may signal a rise going forward. If so, it will get incrementally harder to get in (although it's never hard if you have a high GPA and LSAT score).

*

Offline lawdog

  • Full Member
  • ***
  • 135
Re: Application numbers going up next year?
« Reply #4 on: September 10, 2015, 03:23:14 PM »
Related note is that both the December and February LSAT administrations saw increases this time around ( http://lsac.org/lsacresources/data/lsats-administered ). The year as a whole was still down, but that may signal a rise going forward. If so, it will get incrementally harder to get in (although it's never hard if you have a high GPA and LSAT score).

...and that upward trend continued with the June LSAT, which saw an increase of over 6% when compared with last June's numbers!