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There are so many good articles right now about the trouble with law. You might also consider the way that the whole market for lawyers has tumbled, especially with the death of big law. I just read an article on Dewey & LeBoeuf in The New Yorker (James B. Stewart's "Collapse") which reminded me of an earlier Atlantic piece on the same firm: The Death Spiral of America's BigLaw Firms. Jordan Weissman has also written other articles on the same topic for The Atlantic, some online. Noam Scheiber's "The LAst Days of Big Law" is also very compelling. All make the case that the days of the big firm are over, which means that the pipeline from law school to a good job are over too. Which basically means that law schools are in serious trouble. This job market angle is worth a look -- in part because it also suggests that these firms made many of the same mistakes that the schools did in expanding too fast and eating their profits.
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