More Hard Times for the Legal Community
According to Above the Law, Temple University Beasley School of Law is cutting its budget by approximately 2% for the current academic year because Temple’s overall budget will be cut by 4%. The post also indicates that private law schools are going to have to make even more drastic cuts, ultimately leading to less financial aid for students, which will make it harder for those from middle class and low income backgrounds to attend law school.
According to the New York Times, legal services agencies are being forced to cut their budgets as the interest rates drop and donors are not able to give as much money. As requests for services have risen approximately 30%, the NYT article estimates that many agencies will have to cut 20% or more of their staff.
Locally, I have heard that IOLTA donations to legal services organizations are down from what they were a year ago. Please remember our local legal services organizations when considering making donations this year.