From the provocatively entitled Inside the Law School Scam blog, a very interesting posting on Nov. 16:
October LSATs administered
2009 (all-time high): 60,746
2012: 37,780 (Lowest total since 1999)
In addition, the ratio of applicants to LSAT administrations has declined quite a bit since LSAC started allowing law schools to report only a matriculant's highest LSAT score (another sign of the tail wagging the dog). The result of this has been a big increase in re-taking, as reflected by the following numbers:
2003-04: applicants took the test 1.47 times on average
2010-11: 1.98 times on average
2011-12: 1.92 times on average
If 2012-13 sees the same number of tests per applicant on average, we can expect only 59,200 applicants in this cycle This is a lower number than the total number of people admitted to ABA schools two years ago.
All of this bodes extremely ill for law schools desirous of maintaining the quality of their student body while satisfying their universities' need for income....