According to the latest (1/24/14) Current Volume Summary distributed by LSAC, applicants are down 12.6% nationally. Although the drop is in the double digits, it represents the smallest drop in applicants at this point in the application cycle since 2011 when the law school recession first began (down 12.3% on 1/28/11).
Much more interestingly, however, for the first time since 2012, when LSAC began consistently publishing applicant trend data based on LSAT scores, there is actually an 8.5% increase in applicants who scored a 175 or higher on the LSAT. Moreover, there is only 0.7% decrease in applicants who scored between a 170-174 and that margin is quickly narrowing. It is possible that there may be growth in the 170-174 range by the end of the year.
Although this growth is only happening at the top of the LSAT range, it could signify a significant change in the future as higher "quality" applicants return to law school. 2014 will likely be another down year nationally but as law schools reinvent themselves 2014 may also be the turning point where students begin to return to the legal profession.
Well written and interesting thoughts. Its amazing how sometimes we get inspiration from the most unexpected of quarters !
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