There is a 26% percent increase in law school applications this year. The admission cycle has started earlier than expected. The number of people taking the LSAT jumped 13% for August, September & October.

What does this mean for you? It may mean a more competitive market and higher entrance cut-offs (from prior classes), making it harder to get into better schools. Of course, schools generally are at lower capacity and have much room for additional customers too.

The real question is, if this becomes the new normal, how will the job market look in 5 years? The bottom line is: we are seeing growth in law right now, perhaps due to changes in the LSAT. See the full story here.