There have been several reports like this at other schools in recent weeks. Is the bubble starting to burst?

The Daily Northwestern reports:

Pritzker School of Law plans workforce cuts

The Pritzker School of Law is planning to cut its staff and faculty workforce amid a disruptive budget deficit that is already hitting major University functions this year, according to a legal news site.

The school will eliminate vacant jobs and end contracts with some short-term professors next year, according to an email from Dean Kimberly Yuracko to faculty reported by Law.com. The move is one of the most drastic measures taken by an academic department, after all units were directed by Northwestern administrators to reduce their spending by five percent this fiscal year.

Yuracko declined to discuss specifics, but said in a statement provided by an administrative assistant that cuts were made “with an eye to increasing administrative efficiency and strengthening our student experience.”

“We were thoughtful and data-driven in our decisions, and I am confident we won’t lose momentum on our strategic priorities,” she said. Yuracko cancelled a previously scheduled interview with The Daily last week, and did not respond to follow-up questions sent by email.