Day: 2013/03/12

LSAT Tea-Leaf Reading: Record Low LSATs Going Back to 2001

…Which should not surprise anyone. If anything, the real news will be when the LSAC publishes the number of first-time takers over the last few years. I’m willing to bet that the number is even lower now than twelve years ago.

But here is the post-mortem.

No. LSAT Takers, 4-Testing Period Moving Sum

(Source)

The only question is why it took me so long to realize that the 4-testing period moving sum was a more useful measurement than the 4-period moving average. Personally, I’m a little surprised that the moving sum didn’t reach a near-record low the way the number of applicants has, but then again, after the June LSAT I was saying that the number was plateauing.

Speaking of applicants, the LSAC has updated its applicant and application counts.

No. Applicants Over App Cycle No. Applications Over App CycleAgain, no new surprises, and we shouldn’t expect any for the rest of the cycle, but these 54,000-56,000 or so applicants are much less likely to be the kind of post-college-aged folk whom law schools once thrived upon. I’m further willing to bet that the share of applicants to full-time programs is at a super low, and only a minority—an important minority, mind you—will be paying full tuition.

The ‘Law School Rankings’ Are NOT Influential

…Otherwise more people would be searching for them on Google.

01 Google Trends Index

The Google Trends of “LSAT” made the rounds a while ago, so I can’t believe no one thought to give the infamous U.S. News law school rankings the same treatment. (I think “law school rankings” captures their influentiality better than “us news” or its derivatives do.) In November 2012, “law school rankings” was not even a tenth as popular as it was in March 2004. That week was a bit of an outlier, as you can see, but it shouldn’t be too surprising as I believe 2004 was the year after the magazine expanded from 50 to 100 ranked law schools. I guess everyone wanted to see how volatile the new rankings were. If you look at the broad 52-week moving average, “law school rankings” starts at 45.65 in week 1, January 2005, and drops to 12.88 last week, a 72 percent decline.

What’s striking is how law school-related searches bubbled upward at about the time Lehman was collapsing, but to no avail. The decline resumes after the October 2009 LSAT, which you can see here:

02 Google Trends Index

Here are the 13-week moving averages, showing how all-encompassing the October LSAT is. You can see the compression between the peaks and the troughs that occurs as the years go on.

03 Google Trends Index

And here are some test prep search terms to top things off.

04 Google Trends Index

Again, October 2009 was peak law school, even if commentators at the time didn’t believe it.

Generally, Google tells us that the law school terms are 70 percent less popular than they were in the mid-2000s and 45 percent less popular than in October 2009. The indexes’ diminution will continue into next year, so don’t say the rankings are influential: People ain’t buyin’ it—or at least, they ain’t searching for it on Google.