1) There is a market for legal training rooted in the Natural Law and the Catholic Intellectual Tradition - We were growing from strength to strength and were set to debut as a top rated law school with lots of federal clerkships and accolades for excellence.
2) The form such an institution takes and its developmental strategy is equally, if not more, important than the educational service it seeks to deliver. A chain breaks at its weakest link, Monaghan was that weakness and so too was the supine BoG and dean who permitted him to destroy AMSOL. To this was added a recruitment/growth strategy which undermined the ethos of the school and the quality of the student body.
If you look at the biographies of entrepreneurs, the common trait before becoming a great success is having failed at starting a business somewhere along the line.
Could we see the failure of AMSOL (and I think death within 7 years, perhaps 5), as an opportunity to do it again, but better?
If you had a big cash settlement, would you make a go at starting a new law school?
If so, how would you design it?
A fair criticism of AMSOL was that it tried to be a traditional style law school (albeit Catholic) when many law schools were (and are) looking to innovative changes in their programs to be more responsive to the needs of the profession and students.
Some of the problems of a traditional style legal education are: