With the rising number of students aspiring to embark on the exhilarating journey of legal studies, the Law School Admission Test (LSAT) has become an undeniable cornerstone in the edifice of the legal education process. This high-stakes examination, designed to assess the key skills needed for success in law school, including reading comprehension, analytical reasoning, and logical reasoning, has undergone numerous transformations since its inception in the late 1940s. As we stand on the precipice of another decade, it is prudent to forecast the future trajectory of LSAT preparation and discern the emerging trends in the test preparation industry.

The most conspicuous trend manifesting at present is the incorporation of digital technology in LSAT preparation. The LSAT transitioned from a paper-based to a digital format in 2019. This shift can be comprehended within the larger context of society's migration towards digitization, underpinned by the ubiquity of digital devices, the proliferation of the Internet, and the convenience of accessing information anytime, anywhere. The digital LSAT format obviates the need for physical test centers and paper-based resources, making it a more sustainable and scalable solution for a growing test-taking population.

Moreover, the digital LSAT has transformed test preparation strategies. Traditional classroom-based courses are giving way to online courses, which offer flexibility, individualized learning paths, and immediate feedback. Tools such as video lessons, virtual tutoring, and interactive practice tests are enhancing the learning experience and facilitating a deeper understanding of the test material. To quote Schumpeter’s theory of 'creative destruction', the digitization of LSAT preparation is disrupting the traditional methods but simultaneously engendering innovative and improved ways of learning.

Nevertheless, going digital is not without its challenges. Namely, digital literacy, access to stable Internet, and device availability can be barriers for some test-takers. Further, the risk of digital distractions and the lack of face-to-face interaction might compromise the effectiveness of online learning for some individuals. Therefore, a blended learning approach, combining the best of digital and traditional methods, might be the optimal strategy for the foreseeable future.

Artificial intelligence (AI) is another technological development poised to revolutionize LSAT preparation. Currently in a nascent stage, AI-based learning platforms have the potential to tailor content based on individual learners' strengths and weaknesses, offering a personalized learning experience. They can track learner's progress, provide instant feedback, and adapt the learning pathway accordingly. However, AI’s potential depends on the quality of data it is trained on and can be limited by biased or incomplete data. Hence, while incorporating AI in LSAT prep is a promising avenue, it necessitates meticulous design and implementation.

Another crucial trend to consider is the demand for more holistic assessment methods. Critical as the LSAT is, there has been increasing recognition that success in law school and the legal profession cannot be predicted solely based on test scores. Emotional intelligence, resilience, creativity, and ethical judgment, are among the soft skills that are gaining prominence. As a response, some law schools are shifting their admission criteria to include a broader range of evaluation methods. This trend may influence the future scope of LSAT preparation, necessitating the inclusion of training for these soft skills.

In the realm of economics, the law of supply and demand governs market dynamics. The test preparation industry, with rising demand for LSAT prep, is no exception. This has led to a burgeoning of test prep companies, creating a competitive market landscape. Companies are differentiating themselves by offering innovative products and services, such as mobile apps for on-the-go learning, gamified content, and mental wellness resources. This healthy competition is likely to spur further innovations and improvements in the quality of LSAT prep resources and services.

In conclusion, the future of LSAT preparation reflects a confluence of various trends - technological advancements, demand for more holistic assessment, and market competition - that are reshaping the landscape of the test preparation industry. As the LSAT evolves, so too must the methods and resources used to prepare for it. As future legal professionals, students must embrace these changes and adapt their strategies to succeed in this dynamic environment. We are in the midst of an educational revolution, and it is an exciting time to be an LSAT candidate.