BRIAN TAMANAHA NOT IMPRESSED with the Law School Admissions Council’s explanation for LSAT fee increases. “My criticism was that LSAC, a non-profit organization, is raising fees when it has $170,000,000 on hand in cash and securities, which provides it a huge reserve. At a time of declining demand, rather than raising fees, another way to go is draw down on the reserve and cut expenses. This is the rainy day they have been preparing for.”
$170 million on hand? Really? And they’re raising fees on students?