Wake Up Call: Law Schools Losing Annual $1.5 Billion to Enrollment Drop, Competition, Says Study

• Law schools are losing $1.5 billion in tuition per year, amidst a steep plunge in enrollment and fierce competition for students, a study says. ( Law.com )

• Legal-tech startup Reynen Court LLC has recruited Clifford Chance and Latham & Watkins and 10 other Big Law firms to form a consortium that aims to build a platform it says would enable lawyers to more easily buy and deploy third-party legal software, and vendors to sell their tech. Reynen Court says that by setting common standards for legal software, the platform could save lawyers time and money, while also improving data ...