4 ms·
> Lawyers currently have one of the most bi-modal salary distributions of any profession. I understand what you're saying but I feel like the top 50 would be o
by rxhernandez 9y ago
> Lawyers currently have one of the most bi-modal salary distributions of any profession.
I understand what you're saying but I feel like the top 50 would be occupied by people in various types of art, food preparation/serving, personal care/service, and writing. It would probably be top 3 easily for the amount of debt most of the lawyers go into for their degree(which seems to be the issue you are getting at anyways).
https://www.bls.gov/oes/bulletin_2004.pdf https://www.bls.gov/oes/bulletin_2004.pdf
- ghaff 9y agoYou’re probably not wrong to which you could add sports, entertainment etc. but there’s a distinction between professions that have a fairly large number, if overall minority, of well paid to very well paid members and those that almost have a lottery winner sort of effect.
- sjy 9y agoIncome in those professions is not bimodal; it follows a power law. The frequency distribution of income for US lawyers has two clear modes (local maxima) at around $50,000 and $160,000 [1], meaning that roughly the same number of lawyers earn each of those salaries. Put another way, a randomly-selected US lawyer is more likely to earn $160,000 than the much lower mean US lawyer salary. [1]: https://economix.blogs.nytimes.com/2012/07/16/the-toppling-of-top-tier-lawyer-jobs/ https://economix.blogs.nytimes.com/2012/07/16/the-toppling-o...
- rxhernandez 9y agoI literally posted a bls link where they discussed how bimodal at least a couple of those types jobs are. Did you bother to ctrl+F "bimodal" in that link? Furthermore upon a quick glance at your source, nothing in your source seems to discuss any of the jobs I had mentioned. Were you hoping your gut feeling was evidence enough?
- sjy 9y agoThe bimodal distributions mentioned in that source are not salary distributions.