Last month the ABA released the results of the questionnaire it sends to law schools each fall. The results included some welcome news for legal education: In the 2015-2016 academic year, law school enrollment fell 5 percent from 2014, but the number of matriculating first-year students fell by just 2 percent. More students are applying to law school for 2016, even if they're applying to fewer schools. In other words, the demand for legal education appears to be stabilizing.

Other indicators, however, suggest that more bad years lie ahead.

Bad Jobs Outlook