When law students go to law school, they go to learn skills of advocacy, problem-solving and critical reasoning.
Instead, when law schools produce 45,000 new graduates every year but there are only expected to be 25,000 legal job openings each year through 2018 as reported by law school professor Brian Tamanaha in his book, Failing Law Schools the lessons being learned from legal education are not just the skills key to forming responsible lawyers. There are also lessons best learned by economics PhDs: market failure and supply-and-demand.
