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Ralph Clifford at The Faculty Lounge crunched some more numbers and made the interesting observation that in the past twenty or so years, the attrition rate in law schools has leveled off at a very low approximate 10%, compared to the 33% we all heard when we went to law school (the highly mathematical formulation of “Look to your left. Look to your right. One of these two people will not be graduating with you.”). That’s another good mark in the “pro” column – statistically speaking, you’re more likely to graduate these days.
Perhaps The Law School Expert is onto something. Now, what the market will be like upon graduation is a whole other numbers game.