Paychecks will shrink for Pace Law School professors and staffers
Pace Law School is avoiding faculty and staff layoffs with across-the-board wage cuts.
Law professors will see their paychecks cut by 10 percent while staffers’ wages will be cut by 5 percent, report the New York Law Journal (sub. req.) and the Wall Street Journal Law Blog, which cite Brian Leiter’s Law School Reports. The school’s research budget is also being trimmed.
Pace law professor Alexander Greenawalt told the New York Law Journal he thinks the law dean is doing his best to act in the school’s best interests. “Honestly, I’m not happy to have to have a pay cut, but I don’t think I would take this as a sign that the law school is in free fall, either,” Greenawalt said.
Pace Law School announced a program in March to lure more students to enroll. Pace will cut its tuition for students with qualifying credentials to match the amount charged by a public law school in a student’s home state.
Between 2011 and 2014, applications to Pace Law School dropped almost 50 percent and enrollment declined about 18 percent, the Law Blog says.
