Maybe not. At least according to the Rethinking Law School article appearing in U.S. News. Research also indicates that law students are increasingly disengaged and work less as school progresses. (I could have told them that!).
According to the article, one of the problems is that law schools aren't turning out students who know how to practice law. I'd have to agree with that. You learn about practice serving as a summer associate or a law clerk. What you learn in school has very little to do with private practice.
Also, not surprisingly, the article concludes that the ABA might be a part of the problem rather than the solution.
This is one article that is worth the read.
(Hat tip SW VA Law Blog).