Illinois Institute of Technology and its law school are letting faculty go. Joe Patrice for Above the Law highlights a review of law schools that suggests that many are on the financial ropes. “Professor Paul Campos has spent years chronicling law school financial shenanigans. In his new paper (which he flagged over at Lawyers, Guns & Money . . . .), Campos examines the finances of nearly every ABA-accredited law school and stacked them against where those same schools stood 16 years ago. The numbers suggest upwards of 40 percent in severe financial distress, with another 30 percent standing somewhere between wobbly and precarious.” (bold added).
Is it be financial distress or AI that will cause the displacement of faculty?
