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Law School Class of 2007: A More Extreme Bi-Modal Salary Distribution

I previously blogged (here and here) Bill Henderson’s posts (here and here) on the the bi-modal salary distribution pattern among newly-minted lawyers with salary data from the law school classes of 1991, 1996, 2000, and 2006.  Today, Bill reports, based on new NALP data, that the bi-modal salary distribution pattern is even more extreme with the Class of 2007:

Nalp_2007

Bill notes:

The sample is based on 23,337 law school graduates from the class of 2007 who reported salary information. Note, however, that 197 ABA-Accredited law schools graduated 43,518 students in 2007. … The median salary in the above distribution is $65,750; the mean is $86,396. …

On the normative front, I have a simple thesis: the bi-modal distribution is bad for students, bad for law firms, bad for clients, and bad for law schools. [When I showed the 2007 distribution to one law school dean, she shielded her eyes!]:


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