Folks, I'm a lawyer, with my own practice for about 13 years. My ear is not that close to the ground, but from what I understand, law is more saturated than other professions, costs in excess of $100k to earn, and for even those in the top of the class, a job is not a sure thing. This past summer a major law firm went bust (may have been earlier). A Harvard grad had a job there, but it obviously disappeared. This Harvard grad was unable to find another job. At all. Granted, it was late in the game, as Big Law fills its slots in the Winter and Spring, but that is pretty unusual. A big part of the overall problem was the schools, who promised the moon knowing they couldn't deliver. It was only recently that their bluff was called and now their collective pants are around their ankles. I remember being a 1L, and drooling over the first year salaries, then around $125k, that "everyone" got. Aside from a few, it was fantasy. But the schools did little to disabuse us of that approach..