Will the legal establishment allow a two-year law school?
CNBC reports that President Obama is quoted as saying that law schools would “probably be wise” to move away from three-year programs to two.
Who will fight like crazy to prevent two-year schools from being able to accredit J.D.s? “Just about everybody in the established order,” said Columbia Business School professor Rita Gunther McGrath, who has written about the troubles facing law schools. Under a two-year system, McGrath sees lost revenue for administrators, poorer job prospects for professors and fewer student loans for banks. But who will benefit? “The students, obviously, whose expenses drop by a third,” said McGrath… To read the entire post, click here.