What does it all mean?
First off, let's talk about what it actually means to be waitlisted. Some folks like to paint a grim and dreary picture for waitlisted applicants. In the name of "waking you up" and "helping you see reality" they tell you to "forget about it and move on." But shut those party poopers them out, especially if you've been waitlisted at your top choice school. 

By waitlisting you, here's what law schools might be saying:

Here's an email exchange between a client and me:

Client: Hey David! Hope you're having a great Thursday. Just got a waitlist e-mail from Berkeley. To be honest, I think most schools are pretty done with offers and I am destined for waitlists at the rest of the schools I applied to. Ughhhh. Quite frustrating.