Only about 1 out of 4 law school graduates passed the California Bar Exam last February
Earlier this month, the California's State Bar announced passage rates on the California bar exam, administered last February. Only 27 percent passed the exam--the lowest pass rate in almost 70 years. Think about that-- almost 3 out of 4 law-school graduates failed the California bar exam, which means they cannot practice law in the Sunshine State.
Most of these unlicensed lawyers borrowed money to go to law school--a lot of money. Even public law schools are expensive. University of Texas School of Law, my alma mater, charges students $35,000 a year to attend. And the bottom-tier, for-profit law schools are almost as expensive as top-ranked public schools. According to Law School Transparency, the total cost of attending Florida Coastal School of Law--a bottom-of-the-barrel law school--is $256,939! The total cost to attend the University of Michigan's law school,one of the best schools in the country, is only slightly more expensive--$288,395.
What's going on? First of all, the demand for newly minted lawyers has declined drastically. Smart people have figured that out, and fewer bright young men and women are choosing law as a career.