Cure For Legal Market Woes -- Mortality?

The dean of Cooley Law School told the Washtenaw County Legal News that he believes Michigan has reached a "tipping point" where the number of older attorneys leaving practice in two or three years will exceed the number of law students entering the market. As Baby Boomer lawyers continue to meet their Maker in the natural course of events, Dean LeDuc predicts that the "deficit mode" in which there are more jobs than lawyers will last for about 20 years. A differently gloomy point of view about the bleak legal market is represented by analysts like Prof. Bill Henderson, who suspects that the provision of legal services is changing in such fundamental ways that we may already have reached and passed the point of "peak lawyer."