Prepare to see a lot of law schools close. It was just a matter of time, but the numbers are showing the case to be clear: too many law students, too few opportunities for work as lawyers. The summary is that the bubble will show itself to really be over by 2014, right around the corner.

Law School Bubble has burst Infographic

Citations and data for this infographic:

  1. http://www.theatlantic.com/business/archive/2012/03/pop-goes-the-law-school-bubble/254792/
  2. http://www.lsac.org/lsacresources/data/lsats-administered
  3. http://www.abajournal.com/magazine/article/the_law_school_bubble_how_long_will_it_last_if_law_grads_cant_pay_bills/
  4. http://online.wsj.com/article/SB10001424127887323926104578276301888284108.html#project%3DLAWSCHOOL20130201%26articleTabs%3Dinteractive
  5. http://www.abajournal.com/magazine/article/what_americas_lawyers_earn
  6. http://www.nytimes.com/2013/01/31/education/law-schools-applications-fall-as-costs-rise-and-jobs-are-cut.html?pagewanted=all&_r=0
  7. http://www.bea.gov/iTable/iTable.cfm?ReqID=5&step=1#reqid=5&step=4&isuri=1&402=5&403=1

Used with permission, originally posted on http://www.online-paralegal-programs.com/law-bubble/

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