State Sees Huge Drop In Bar Exam Numbers

Twice every year, the release of Connecticut bar exam results provides a glimpse of how well the latest crop of law school graduates has been trained. But beyond the passage rate, there's a simpler statistic: The number of people who sit for the test each year can be considered a bellwether of the overall health of the legal market.

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  • Roger Williams

    The legal profession has been oversold and the potential student pool is consequently shrinking. Law schools are being sued for overstating their placement statistics in U.S. News rankings. The average graduate has debt of more than $125,000, while facing grim employment prospects, particularly those from middling to low-end law schools. Graduates of elite law schools will make out fine, but many others will face a lifetime of struggle. This also explains the proliferation of sophisticated ambulance=chasing that‘s going on, from television ads for 1800-BAD-DRUG to telephone fishing expeditions for those harmed by vaginal mesh complications-- a glut of lawyers seeking to expand the lawsuit pool. By contrast, take that $125,000 and invest it a diversified portfolio of dividend paying stocks at age 22, and see who comes out ahead.

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