Fresh from the LSAC: 28,363 LSATs in December 2013, a record low as far back as the LSAC data tell us (1987). The previous record we know of was December 1997 when you were all still listening to Alanis. Okay, be honest, you still are.
The four-testing period moving sum is still a tad higher than February 1999 (105,319 now versus 104,236 then). I don’t think it’ll hit the record low by February or June of this year, but it might in the future.
Notably, the December decline has sharply decelerated (accelerated, technically, I guess). Unlike the double-digit percent declines over the last three Decembers, this one was only a -6.16 percent drop. It’s more evidence that the LSAT bottom is approaching.
With 105,319 calendar-year LSATs, and assuming a ratio of 1.94 LSATs to subsequent year applicants, like last year, there would be 54,300 law school applicants this fall. So far, the initial applicant estimate is lower than that, implying the LSAT-to-applicant ratio will be higher this year. The most recent applicant projection is unchanged between December and now, ~51,300.
[UPDATE: Jagged Little Pill had finally fallen out of the Billboard 200’s top 10 albums by February 1997. Nevertheless, you were still listening to it that December. You were certainly out buying Celine Dion’s Let’s Talk About Love, Barbra Streisand’s Higher Ground, LeAnn Rimes’ You Light Up My Life: Inspirational Songs, Shania Twain’s Come on Over, and of course, Chumbawamba’s Tubthumper. The LSTB greatly regrets possibly misleading readers on ’90s music history.]