On Monday, a brand new law school was born: The American Bar Association provisionally accredited Lincoln Memorial University's Duncan School of Law. The school has five years to prove itself before getting the complete seal of approval. Until then, according to an elated post on the school's website, is entitled to "all the rights of a fully approved law school."
LMU will now enjoy the right to beg for the attention of ever-fewer applicants, lead those people into a bar exam with a historic failure rate, and produce graduates who can only hope they land one of the dwindling jobs that actually make use of their $90,000 degree. It is probably the worst time in decades to be a law school. The three charts below show why we don't need to be minting any new ones.