Law school applications for the fall of 2013 have dropped 17.9 percent and applicants are down 12.3 percent.
Smaller applicant pools are a boon for prospective students negotiating for better financial aid, Fortune reports. As of Aug. 8, there were 385,358 fall 2013 applications submitted by 59,426 applicants to ABA-approved law schools. TaxProf Blog notes the lower numbers released by the Law School Admission Council.