The field of law and legal education have both evolved and advanced in numerous ways since the creation of the Law School Admission Test (LSAT) and the founding of the Law School Admission Council (LSAC) in 1947. Currently, LSAC serves approximately 215 member schools, although most of their revenue is collected through the administration the LSAT, which has seen significant declines in the number of test takers since 2010.
LSAC retained McKinley in 2011 to take an in-depth look at the organization’s current business, products and services to provide high-level recommendations to ensure the organization’s long-term financial sustainability in the highly volatile market of legal education. Our approach included quantitative research, financial forecasting and analysis and scenario building.
VALUE TO CLIENT:
McKinley’s recommendations and scenario analyses provided LSAC with specific business actions related to internal and external “trigger points” and will enable LSAC to respond to changes in the legal education market and plan for current and future situations with foresight and actionable data.