Maybe in my case, school is a bit less of a zero sum game. I'm working on a legal research tool (prototype: http://dokket.aws.af.cm/about) that serves an under-addressed market (communications law). Think MarketBrief (http://marketbrief.com/), but instead of the SEC, the focus is on the FCC.
Not-so-incidentally, I'm about half-way done with law school in a part-time/evening program in DC.
Would this be a content site, or would you have a paid subscription model or deeper analyst pieces, or something else? What is to stop the FCC-focus from just being a niche channel on marketbrief itself?
I'm focusing on building the dataset and alerts system, so it's more of a subscription service--for now at least. Looking ahead, there's a wealth of information buried inside these documents that I'd like to leverage.