For another indicator of the quality of the JD program, look at the student satisfaction data extracted from The Princeton Review by Paul Caron over at TaxProf Blog -- the key is to compare peer institutions in order to give different ratings to competitors, and thereby promote competition on quality. If everyone in the top 20 gets the same score -- a "5," for example -- then they just end up competing on who can throw the most money at students with high LSAT scores. This is essentially the status quo.
Over the next few days, I'll say more on why people who care about things like justice and meritocracy should care about this U.S. News survey -- yes, there's a presidential election, a global economic crisis, a quite-possibly innocent man about to be executed here in Georgia, and a few other things -- but this isn't just navel-gazing. It matters.