Drexel University has also felt the decrease in applicants, changing its name from the Earle Mack School of Law to the Drexel University School of Law to make way for more benefactors to contribute to the school.See, Drexel realized that having the name already taken prevented other wealthy donors from serving the public. The law schools will not stop innovating. Not only will they kick graduates to the curb after graduation (unless they want an LLM to improve marketability); now they will kick names off the school marquee in order to add the newest rich benefactor (Mr. Mack graciously voluntarily yielded his spot, the benevolence of our wealthy elders unyielding). One has to wonder why Arizona Summit changed its name so quickly when it might have held out for the Rich Ass Dude Arizona Summit Law School.
So now Earle Mack, Drexel alum and former ambassador to Finland, is without a law school in his honor and the bidding to replace him and help keep the ship afloat is on!
On a semi-related note, I'm now taking donations to raise funds to buy the naming rights for an American law school. It will called Superprestigious Megarich and Reallyhappy School of Law. If you happen to have eight figures of net assets and are serious about contributing to the welfare of an American law school, please contact me at once.