Valpo Taking 'Difficult' Actions Involving Law School

Posted: Updated:
(Image courtesy of Valparaiso University.) (Image courtesy of Valparaiso University.)
VALPARAISO -

Valparaiso University says its law school is facing "severe financial challenges," deeming the 130-year-old program "financially unsustainable for the foreseeable future." The administration has decided to suspend first-year law school class admissions next fall and the university is exploring alternatives for the future, including affiliating the law school with another institution or relocating it to a market with "perceived greater demand." If accrediting organizations agree, Valpo says it will prepare plans for currently-enrolled students to complete their degrees.

The university says third-party projections show the law school, if continued in its current state, could "significantly impede the University's ability to achieve its mission, vision and goals." Valpo says it has been working for several years to return the law school to better financial footing.

Board Chairman Fredrick Kraegel calls the actions "very difficult," adding "as the need for legal education continues to be challenged, we have taken numerous actions during the last several years to try to stabilize the Law School's financial situation. Actions have included a reduction in employment levels last year in an attempt to align the school's faculty and staff to its decreased student population. Despite these efforts, it is highly unlikely that the Law School's operations will achieve financial stability."

Kraegel stressed that the financial situation at the rest of the school is in good shape. He says "we are focused on ensuring fair and reasonable treatment of those impacted by this decision through an orderly and carefully considered process. These financial circumstances do not diminish the Law School’s proud legacy of more than 130 years and the thousands of successful law graduates who lead and serve around the world."

The independent Lutheran university's enrollment stands at more than 4,000. You can connect to more about the announcement by clicking here.

  • Perspectives

    • Wojtowicz founded Indianapolis-based Cambridge Capital Management Corp. in 1983.

      Fixed, Long-Term Interest Rates Protects Against Rate Hikes

      A Hoosier small-business owner recently told his banker that, “Interest rates are as low as they ever will be” in the foreseeable future, and he wanted to get a loan with a “friendly” rate. The Fed made that official recently when it indicated  another quarter-percent rate hike will likely occur in December.  Most pundits expect there to be  three more rate hikes in 2019. Small-business owners are under pressure to act if they are considering...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • $25M Behavioral Hospital Coming to Central Indiana

      Danville-based Hendricks Regional Health is partnering with US HealthVest to develop a stand-alone behavioral center on the Hendricks campus in Plainfield. Known as the Indianapolis Behavioral Hospital, the facility will provide specialized inpatient and outpatient mental health care to patients of all ages.

    • Rolls-Royce in Indy Selected For $100M Contract

      The U.S. Department of Defense has awarded a contract worth up to $100 million to Rolls-Royce Corp. in Indianapolis. The contract is related to Phase I of the Advanced Turbine Technologies for Affordable Mission-Capability program for the U.S. Air Force.

    • WOWO Names 'Morning News' Host

      The program and news director of WOWO radio in Fort Wayne has been named host of the station's morning show. Kayla Blakeslee will lead Fort Wayne's Morning News, succeeding longtime host Charly Butcher, who passed away in August. Blakeslee has served has the station's program director for the past two years, and previously served as news director and afternoon anchor. She led the station's "Penny Pitch" campaign in 2017, which earned a Service to America award from...

    • USA Gymnastics Interim CEO Resigns

      Just four days after being appointed interim president and chief executive officer of Indianapolis-based USA Gymnastics, Mary Bono has resigned. In a statement released Tuesday, Bono said her decision "comes in the wake of personal attacks that, left undefended, would have made my leading USAG a liability for the organization." Bono, a former congresswoman and principal at Faegre Baker Daniels Consulting in Washington D.C., drew criticism for a...

    • Wesemann Hall at the Valparaiso University Law School (photo courtesy Tony V. Martin/The Times of Northwest Indiana)

      Valpo School of Law Transfer Denied

      A proposal to transfer Valparaiso University's law school to another university has been shot down. The Tennessee Higher Education Commission has denied the transfer to Middle Tennessee State University, which would have led to the creation of a College of Law at the school.