Informative and thoughtful posting on the Volokh Conspiracy which makes the case that with median incomes of $113K, lawyers are still doing rather well relative to everyone else. Perhaps the operative phrase here -- and I am paraphrasing -- is "relative to everyone to else".
http://volokh.com/2011/10/17/challenging-the-conventional-wisdom-about-the-job-market-for-lawyers/
Monday, October 17, 2011
Some cogent arguments for why the Legal Market May Not be Collapsing


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