The second and third posters have it completely wrong. The honor code applies to the undergraduate students only. Many students drink and never get into "trouble."
The law school is not one of the worst in the country. This past summer, Liberty's bar passage rate was second only to UVA. So far, two classes have taken the bar. The VA AND the national average are around 90%.
Liberty was provisionally accredited on their first chance after only a year-and-a half of operating. The chance for full accreditation HAS NOT YET ARISEN, but will come w/n the next year. The accreditation committee is being led by the dean from Baylor School of Law.
The attrition rate for Liberty is about what you would expect to find at a T3 or T4 school. Most of the people in my class who left either transferred or decided law school was not for them.
Lastly, many people from the first two classes are gainfully employed. Many people from my class already have offers or jobs DESPITE the terrible economy.
As a future note, if you do not know what you are talking about, you should keep your mouth shut.