Crains reported that the University of Illinois at Chicago has been in preliminary talks with John Marshall Law School for the past 16 months. If the talks lead to an acquisition, it would create the only public law school in the city of Chicago. The preliminary plan would be for the school to keep its name and current campus location.
Lower ranking law schools are in danger of closing and, should such a merger occur, we believe it would more or less guarantee John Marshall’s financial security for at least the next several years which hopefully is long enough to see the current law school market rebound significantly from its recent lows.
UIC is supposed to ask its trustees tomorrow (Thursday, July 19) to approve a resolution supporting the idea of establishing the UI Chicago John Marshall College of Law. So while it’s still far from a “done deal,” the acquisition looks like it could be moving forward.