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The most interesting aspect of this is that starting salaries follow a bimodal distribution, with one cluster around $50K and another around $165K. This is very
by Umalu 16y ago
The most interesting aspect of this is that starting salaries follow a bimodal distribution, with one cluster around $50K and another around $165K. This is very unusual. You would think that lawyers would follow a normal distribution, peaking in the middle, but instead the salaries suggest that there are a bunch of stars and a bunch of laggards, with very few falling between the two extremes. Bottom line: law school is very risky. If you don't reach the $165K starting peak, you fall off the cliff.
- eitally 16y agoDid you read the article? The reason it's bimodal is because there are two distinct, significant employer types that make up the endpoints: large, prestigious firms with fixed $160k starting salaries on one end and the government on the other end. Small firms and independent attorneys fill the gaps in the range.