I think the more accurate label would be to call it a testmanship. In short, law schools dole out ridiculous full paid scholarships to someone who performs well on a four hour LSAT. However, someone works hard throughout their first year, does really well, only gets an offered peanuts. Of course, this is just my experience, but it just doesn't seem fair. They hand out several small scholarships to help statistics. Kind of reminds me of the NFL draft pick salaries being more than proven veterans.