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(Source: Yale Law School)It may be a good time to start thinking about law school. Applications are dropping, even among elite schools.

This comes from the New York Times:

Last year, for the first time since the 1997-98 admission cycle, the number of applicants to law school declined, by 4.6 percent, and so far this year, the number has declined by 9.5 percent.

With falling numbers even among the top schools, admissions officers and career counselors say they are not sure what is causing the drop. They suggested that in an improving economy, college students may prefer jobs to law school, or that rising undergraduate debt loads have discouraged some students from borrowing still more to pay for a law degree. [....]

At Columbia, 8,020 would-be lawyers applied to start law school last fall, compared with 8,355 a year earlier. At New York University School of Law, the number fell to 7,872 from 8,220. At Stanford, the numbers fell to 4,863 from 5,040. At Harvard Law School, the numbers fell to 7,127 from 7,386.

At Yale Law School, however, there were just five fewer applicants last year, a drop to 3,778, from 3,783.

For more, read here.

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