Bill Henderson (Indiana) notes that the following NALP chart on the salaries of 22,665 members of the Class of 2006 who reported income data "illustrates the most vexing problems facing law firms, law students, and law schools":

Bill notes that "[h]alf of the graduates make less than the $62,000 per year median–but remarkably, there is no clustering there. Over a quarter (27.5%) make between $40k-$55k per year, and another quarter (27.8%) have an annual salary of $100K plus."  See Bill’s explanation of the implications of these data for law students, law schools, and law firms.