HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Number of Prospective Law Profs Drops 17% from 2013 (26% From 2010). A few years ago I was talking with an extremely smart former student who was interested in law teaching. She got back to me a few weeks later and said she had done some research and didn’t think legal education was going to do very well in coming years, and would thus stay in practice. Like I said, she’s extremely smart. . . .