Fewer people want our product? Charge more!

It’s hard to think of a dumber principle on which to base a business decision, but the good folks at the Law School Admissions Council have figured out how to deal with an ugly 15% drop in demand from their┬ácustomers the number of students taking the LSAT:

Raise the price.

Sometimes you just wonder what people are thinking.

This entry was posted in Law schools, Signs of the Apocalypse. Bookmark the permalink.

One Response to Fewer people want our product? Charge more!

  1. Pingback: “What’s Going On at Law School Admission Council?” | Lawyer Apocalypse

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>