Twice every year, the release of Connecticut bar exam results provides a glimpse of how well the latest crop of law school graduates has been trained. But beyond the passage rate, there’s a simpler statistic: The number of people who sit for the test each year can be considered a bellwether of the overall health of the legal market.

When figures for the February exam were recently released, they revealed the smallest group of test takers in recent memory. A total of 278 people took the exam, down 79 from the February 2013 exam.