Lots of Socratic method, very theory-based, very intensive. UChicago is intellectually rigorous, don't come here if you're just looking for a degree.
Quality of Life
I don't live on campus, I live farther north & my COL is pretty low for Chicago. The UChicago campus is just beautiful, and right by the lake. However, if you do live on campus it's easy to feel cut-off from the rest of Chicago because Hyde Park is so far south, and transportation to & from is not spectacular. The Chicago library is fantastic. Very quiet, wireless internet everywhere, and you can usually always find a place to study. The law school's "cafeteria" is pathetic but there are other, better options within walking distance. The campus is in Hyde Park, in the city of Chicago so crime is sometimes an issue, but it is certainly safe during the day & at night so long as you take the proper precautions.