The National Law Journal is hosting an informative discussion regarding the state and future of legal education. Bill Henderson and Brian Tamanaha are particularly good on the economics of legal education, a topic worth disucssing.
Even outside the NLJ top 250 firms the economics of the profession are changing. I expect the economics of legal education will change, too, particularly as the ABA's regulation of schools comes under increased scrutiny. Given the practices documented in the WSJ and New York Times, and in a lovely series of posts by Brian Tamanaha at Balkinization (here is the first), change on a number of fronts should be welcomed.