Thursday, July 10, 2008


Distributions of economic variables often resemble the conventional bell curve. Here is one that most decidedly does not. It is the distribution of the salaries of newly minted lawyers.
The legal profession, which I almost joined, seems to fall into two very distinct groups. I always knew that law had different career tracks with varying levels of income, but I never realized how striking the pattern was.
Source of the graph: Empirical Legal Studies.