A man who has described himself as a constitutional law professor at the University of Chicago is now president of the United States. Another law professor, Cass Sunstein, is one of his chief advisors, while a third, Elena Kagan, has been appointed to the Supreme Court. One might think these are fat years for legal academe. But as in the story of Joseph, these fat years may portend an impending crisis. Market forces and internal law school policies may be combining to produce a legal education bubble the likes of which the country has never seen.
Consider the following facts.
Ideology
In July 2010, research by Douglas Spencer and James Phillips at the University of California at Berkeley examined 149 entry-level, tenure-track hires made during 2005, 2007, and 2009. Spencer and Phillips assigned a measure of ideology for each hire,
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