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Since laywers can simply hang out a shingle, unemployment rates are always very low. The Stanford stats appear to be for first year attorneys at law firms. Historically, first year salaries are set by the top New York law firms. From there, the LA & SF firms 9 or offices of the NY firms) usually follow suit. Taxguy is generally correct in his opinion that you have to be in the 10% to 20% of your law school class to grab one of those $125,000 a year starting salaries. But, we all know exceptions to the rule. There will always be a select few who attend lower-tier schools that stand way out from the crowd and garner a position at a top firm.
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