In re: Bar studying begins

So this morning I strode into the halls of Capitol Law School in downtown Columbus to begin my six days with PMBR, a law review course for the multistate bar exam portion of the bar exam (the bar exam is in late July).  The course is not cheap and consists of taking multiple choice practice tests each morning and then reviewing them with the help of a DVD lecturer.  Is it worth the $700 that the six days cost?  Its hard to say, I was in part taking it because otherwise I would not be studying at 9 am the Monday following graduation, but watching a DVD and filling out forms just doesn’t seem to justify such costs?  Well then again that is all BarBri will be and that is almost $3000 for their Ohio course.  It seems like these kinds of courses must make HUGE profit, I don’t think these test prep programs are public companies, so that we can see what they are making off of these scams, but Kaplan seems to  be raking in over a billion in revenue a year (see their site).  It will be interesting to see what comes of BarBri & Kaplan class action suits and antitrust litigation for their possible conspiracy to share the LSAT market and the bar prep market.

“More than 300,000 lawyers and law students were each charged an estimated $1,000 extra for bar review courses, according to a complaint filed against BAR/BRI bar review and The West Publishing Corporation and Kaplan, Inc. in the U.S. District Court for the Central District of California in Los Angeles today.
West Publishing Corp., dba BAR/BRI, and Kaplan are joined as defendants in a class action lawsuit accusing the two companies of illegally dividing the highly lucrative LSAT and bar exam test preparation businesses. According to the complaint, executives of BAR/BRI and Kaplan secretly agreed to a per se illegal market division.
BAR/BRI agreed to close its Law School Aptitude Test (LSAT) preparation course from the market in which Kaplan was the dominant competitor. Kaplan, in turn, agreed not to enter the full-service bar review business, in which BAR/BRI was the dominant competitor. The two companies then entered into an agreement to work together “strategically” to enhance Kaplan’s share of the LSAT market and to increase BAR/BRI’s control of the bar review market.” (from A Stich in Haste blog writing that he thinks such agreements should be legal)

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