I'm not normally one to cheer on the troubles of higher education. Most of my friends are academics, after all, and I was one. But there's something about the problems of law schools, places long immune from normal academic standards, with inflated salaries due, in part, to the belief that the Profs could magically get jobs as partners at Big Law if only they weren't making big sacrifices for their students.
Don't get me wrong. To the extent that law schools are cash cows, I'm happy for the profs to collect the moneys, much in the same way I'm happy for baseball players to collect the moneys instead of the owners, but when the money dries up...
