Law Schools Cost Too Much, Teach Too Little
So argues Lawrence Velvel, the dean of Massachusetts School of Law in this essay posted on Minding the Campus.
Legal education has been badly warped by what economists call rent-seeking — that is, the way special-interest groups (in this case, the organized bar and the legal-education establishment) have been able to increase their monetary intake by manipulating the political process. For the better part of a century, the ABA has worked to control access into the legal profession by regulating legal education. If we could have avoided that, law school would today look a lot different than it does.