June 5 (Bloomberg) -- It's easier to be admitted to law school these days because fewer people want to be lawyers, according to data about the entering Class of 2012 just released by the ABA and the Law School Admissions Council. Bloomberg Law crunched the numbers, and here are 7 things you DON'T know about law school admissions:
The number of applications this year for full-time JD programs fell 12 percent, to 444,000. Applications were down at most schools, but they actually increased at 25 schools. It's still very hard to get into the nation's elite schools. The top 25 schools on the US News list offered admission to an average of just 23 percent of their applicants.
Schools cut the total size of the 2012 entering class by almost 9 percent. Schools just below Top 25 may be in the most difficult position. Those schools issued 12 percent more offers this year.
Nationwide, both median GPAs and median LSAT scores dropped, on average, about half a percent. (Source: Bloomberg)
30:23 - Co-founder & CEO of Stripe Patrick Collison discusses making digital payments more secure and Stripe’s new partnership with Visa. He speaks with Bloomberg’s Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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