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The Lawyer Bubble

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Since 2004, the number of law-school applications has dropped from almost 100,000 to 54,000, and the Law School Admission Council recently reported that applications were heading toward a 30 year low. Steven J. Harper submits that these declining numbers haven’t emerged from uncontrollable market forces, but are rather a result of human greed and grandiosity that went unchecked for decades. Steven is an adjunct professor at Northwestern University and author of the forthcoming book The Lawyer Bubble: A Profession in Crisis.

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