Promote Your Attorney Profile on Law.net - Get Found / Earn More!
Philadelphia Law Schools have Lowest Tuition in the Nation
Philadelphia Law Schools have Lowest Tuition in the Nation
What Law School Alums Earn Halfway Through Their Careers
What Law School Alums Earn Halfway Through Their Careers
‘Cannibal Cop’ Has Interest in Attending Law School
‘Cannibal Cop’ Has Interest in Attending Law School
49 Law Schools Report a Drop in Debt for Graduates
49 Law Schools Report a Drop in Debt for Graduates
Your profile matches an open legal position. Apply now!
Legal Job Listings

The Law School Crisis Doesn’t Exist at Places Like Yale

Big Law schools like Yale, Harvard, or Emory have access to the resources of a large university and “substantial endowments,” according to a recent S&P report that shows how standalone law schools are being affected by the current state of the legal industry.

Standard & Poor’s has released a report showing that the sad state of the legal industry is crushing many of these standalone law schools which are not attached to larger universities, according to Business Insider. Thomas Jefferson has the distinction of being the American law school where 2012 graduates had the highest debt load and the lowest unemployment rate.

The job market is leading to a decline in law school enrollment. In discussing the University of California Hastings College of Law, Scott’s report suggested that enrolling too many students would be “irresponsible” in light of the weak legal labor market. Four of the five stand-alone rated by S&P have negative outlooks. Out of New York Law School, Brooklyn Law School, Thomas Jefferson School of Law, and Thomas M. Cooley Law School, only Albany Law School received a stable rating.

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




This article explains what’s really going on at Thomas Cooley Law SchoolThomas Cooley Law School Exposed (and Why Much of the Legal Profession is a Scam)

Law professor Paul Campos has previously told Business Insider that San Diego-based Thomas Jefferson and most standalone schools often have negligible endowments and therefore must rely heavily on tuition to cover their operating expenses.

According to UC Hastings law school dean Frank Wu, enrolling more students “would mean taking far too many students who would really have a risk of not being able to find a job.”

“Even in the event that these schools experience operating pressures as a result of current demand and enrollment trends,” stated Standard & Poor, “we believe many of these [non-stand-alone] schools will weather the challenges relatively well.”

Image Credit: US News

The Law School Crisis Doesn't Exist at Places Like Yale by

Tagged: , , , , , , , ,

Jaan Posted by on December 11, 2013. Filed under Law School News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Experienced Litigation Attorney
USA-TX-Houston

Boutique litigation defense firm located Downtown Houston seeking attorney with over 5 years litigation experience.  Firm practice includes corporate litigation, insurance defense, workers’...

Related Posts: