i was just playing around on the USNews premium site and saw that ASU has one of the lowest student-faculty ratios of all the law schools. i think that's awesome. so congrats on your acceptance (and the one to UC-B)!
Yes, percent accepted versus applied. Greater selectivity = more USNWR points. And my point about yield protection is that because they have so many waivers and so many people apply, they need to see where everyone else has applied. In other words, if you've applied to a number of schools they think you'd be accepted to and attend instead, they may ding you to protect their yield of matriculants. I could be way off, just speculation.
i don't see what protecting their yield of matriculants actually does for them. are you saying that they'd reject you if they think you'll go to a higher ranked school, such that their yield is actually playing into their acceptance rate, which plays into their rankings? <light bulb turns on over head> that makes sense.