The decline in the number of well-paying law firm jobs, rising tuition costs, increases in the level of student debt, and the adverse publicity regarding legal education have discouraged some potential lawyers from applying to law school. Some schools also may be experiencing a decline in the number of racial minorities and women applicants. This session is designed to discuss the overall impact of declining applications and enrollment and consider alternatives for strategic adjustments and best practices in transparency and budgeting for financial aid, placement office, academic support, and other staffing.