“So, the smart kids got the memo. Law school is largely a losing game, and they’re not going to play, even though they can probably count on a better hand than most. Meanwhile, the number of laggards applying has barely budged.”
What does that mean? I’m not sure if it means anything but it could mean that (a) the smartest applicants are pursuing careers in other areas and (b) the quality of law grads could decrease. Only time will tell how that plays out but it could be good news for career paths that need more qualified people.