So, the rankings for 2015-2016 came out today. California schools seem to be doing much better probably given the improving employment prospects, a huge consideration for US News Ranking. Also, kudos to UC Irvine for ranking so high given that this was their first time being ranked. Here's how Cali schools ranked.
Stanford 2(tie (+1))
Berkeley 8(tie (+1)) - Applied
UCLA 16 (-)
USC 20(-) - Applied
Irvine 30 (NR) - Applied
Davis 31(+5)
Pepperdine 52 (+2) - Applied
Hastings 59 (-5) - Applied
Loyola 75 (+12) - Applied.
Comments
1: Stanford/Berkeley
2: UCLA/USC
3: UCI/UCD
4: Pepperdine/UC Hastings/Loyola/U San Diego
5: Chapman/Santa Clara/Southwestern/rest
Despite Loyola and USD having a rank 10+ away from Pepperdine/Hastings, their employment data as well as admission medians via LST are all pretty comparable so that's why I lumped all of them together.
http://www.lstscorereports.com/schools/irvine/trends/2013/
I was also told that the vision for UCI was supposed to be quite radical compared to existing law schools but that vision hasn't been realized. That vision, coupled with great faculty and student body, was what led people to believe they could break into the Top 20 in their first year. If they can realize the vision, maybe they can break into the Top 20 but it's unclear if that will happen.
That's like asking whether Duke could ever break into the top 5. I mean, Duke is a fantastic school, but having to leapfrog NYU Penn and Chicago, with HYS+Columbia as basically locks for 1-4, is really really hard. Even if one of those schools has a 'down' year job-wise or bar pass-wise, it's hard to imagine that some circumstance would happen when all of those schools would simultaneously have those issues, while at the same time Duke doesn't get affected at all.
This is how lower-ranked law schools trap students into paying them for 2L and 3L - most people, even after losing their scholarships, will still want to finish law school. I think Golden Gate Law School out in SF had an article written about them years ago about this and about them losing their accredited status due to low bar pass rates...I really should go dig that up again.