Tbey began obsessively covering law beginning in the late 1960s. The counterculture, tutored by lawyer Ralph Nader, found out lawsuits could change the system. The plaintiff bar did such an amazing job of it that the business media had to follow what it was up to. So, law figured into all the new business publications coming out as affluence happened. The best and brightest went to law school, either as a continuing crusader (who often got rich like Dickie Scruggs) or a defense for the Fortune 100.
Now the emerging meme is survival, as that applies on so many levels. Therapists have to put the suffering on waiting lists. Jobs with benefits seem anachronisms. So, the big story has shifted to politics. Note that law blogs are getting a lot less comments than political media such as THE WASHINGTON POST. Thousands of journalists stalk the conventions in search of an angle.
Losing attention is a tragedy. That's the second blow the legal sector has suffered. The first was the elimination of financial security. A therapist I interviewed said she's seeing more partners than associates.