Years of negative coverage about the skyrocketing price of a legal education and dwindling job prospects for new attorneys are finally catching up with law schools. Law school applications are at 30-year low and some observers are predicting the closure of lower-tier schools in the next few years. If this trend persists, I can’t see how the Twin Cities can continue to support four law schools. William Mitchell and St. Thomas might find themselves competing for the dubious honor of being the third law school left standing (the University of Minnesota and Hamline law schools will likely survive) in the metropolitan area.
I sometimes wonder if I would have chosen to go to law school in the current climate. I think I still would have pursued it, but the cost would frighten me. I graduated with a fair amount of debt, but it was modest compared to the debt loads that burden so many new attorneys today.