Notice how I didn’t mention the booming Tennessee lawyer market? You see, the ABA does not take a shrinking legal market into account when deciding whether to accredit MORE diploma factories. They only care about the demand for law schools, created by a combination of desperate students, weak job prospects, a low-wage economy, and blatant distortions and falsehoods perpetrated by the law schools - on their self-reported info.
As you can see, Third Tier University of Memphis exceeded its fundraising goal of $12 million by $547,000. You can also see that this third tier institution of higher learning received serious backing from major corporate donors and large law firms. Good thing a former dean of the law school conceived of an aggressive naming-rights campaign:
I guess it remains to be seen if firms such as Baker Donelson and Glankler Brown PLLC will be as generous when it comes to hiring Memphis grads.
The school decided to relocate and purchased some real estate in downtown Memphis. This acquisition was made easier with serious state funds:
The State of Tennessee allocated an unprecedented $42 million toward the renovation of the historic custom house, federal courthouse and most recently post office.
Couldn’t this money have been better spent - perhaps on actual job growth?! The State of Tennessee set aside $42 million for this scheme. And for what?!? To ensure that the legal market will remain over-saturated?!
There is more good news for the expanding law school industry in Tennessee. Lincoln-Memorial University in Knoxville opened the Duncan School of Law and enrolled its inaugural class in August 2009.
Fast forward to March 2009 and the fledgling program had already achieved Tennessee Board of Law Examiner’s approval to open and had begun accepting its inaugural class. By the end of that month, the LMU-John J. Duncan, Jr., School of Law, or LMU-Duncan School of Law (LMU-DSOL) for short, was building a name for itself by recruiting some of the brightest legal minds from all over the country to fill-out the faculty.
WOW! You were able to gain approval from the Tennessee Board of Law Examiner’s. Is that harder than getting approval from Jack in the Box’s board of directors? What a great accomplishment!! And yes, LMU-DSOL certainly is building a name for itself. That’s why no one outside of Knoxville has ever heard of this dump!!
Now let’s take a peek at provisionally-accredited BelmonTTTTT Law School:
The law school will have a cap of 350 students and be integrated into Belmont’s campus. [Belmont’s president] Fisher said the school has set aside the money for the first two years of operation and expects to break even by the third year. [Emphasis mine]
It cost Belmont University $25 million to launch this turd. And they EXPECT to break even by the third year of operation. Who says law schools aren’t lucrative?! The article itself notes that tuition and fees are expected to be about $31K-$33K a year.
In the final analysis, attending any of the newer schools would be financial suicide. You will be competing with Vanderbilt and University of Tennessee grads for legal positions. Even those grads are not guaranteed anything. VANDY LAW GRADS ARE WAITING TABLES!!!
Tennessee DOES NOT NEED another fourth or fifth-tier garbage heap, let alone two of them. The school administrators and the ABA know that many of these kids will end up with $100K in debt and no shot in hell of landing legal employment. This alone shows you that the ABA and the State Board of Law Examiner’s do not give a damn about future law students. They only care about their over-paid, under-worked law "professors" and administrators.