Cost of acquiring a law degree goes down -> more people get law degrees -> legal wages go down, legal unemployment goes up.
Alone, this reform is of little help. You must either raise demand for legal services or cut the supply of legal labour. Raising demand means creating more laws, i.e. sucking away resources from the private sector and creating more government.
Real reform comes in cutting the number of new lawyers. You could cut federal loans to law students, require that law schools inform applicants about their often horrid career placement rates, impose an LSAT minimum for entry, etc.
The problem with lawyers is that they aren't masseuses. If a masseuse has trouble finding work, at worst she becomes a hooker. Or just gives out lots of cheap massages. A lawyer out of work may resort to filing frivolous lawsuits and otherwise gaming the legal system and wasting taxpayer dollars.
Alone, this reform is of little help. You must either raise demand for legal services or cut the supply of legal labour. Raising demand means creating more laws, i.e. sucking away resources from the private sector and creating more government.
Real reform comes in cutting the number of new lawyers. You could cut federal loans to law students, require that law schools inform applicants about their often horrid career placement rates, impose an LSAT minimum for entry, etc.
The problem with lawyers is that they aren't masseuses. If a masseuse has trouble finding work, at worst she becomes a hooker. Or just gives out lots of cheap massages. A lawyer out of work may resort to filing frivolous lawsuits and otherwise gaming the legal system and wasting taxpayer dollars.