How do you think it will be structured? does the fact that the degree is completely online have an impact on students' employability?
Probably so new that no one can answer that question yet.
I think it is the way of the future though. With recording, less and less students are going to lectures, indeed, its not even super necessary (long as you absorb it eventually). So, that just leaves the tutes really. Those can still be done on-campus or managed another way.
Here i'm assuming law is like other arts subjects anyway, i dont know if it it is. I know pharmacology department is making more and more effort to push a lot more learning resources online and somewhat de-emphasise simple lectures. Seems to be the way everything will go eventually.
To one degree lectures are a hold over from times where people couldn't read for themselves. Fast forward a bit, its a hold over from times where they couldn't be easily recorded and distributed. Right now, where is the real value of physically attending lectures anymore?
I assume employer, might just as a gut instinct, see it as less prestigious. If you got extra-cirriculars to make up for it though, it might not be so bad.