Not a good time to enter law school

Although things are not 100% rosy on the business school front, they appear to be much, much worse on the law school front, according to Slate.  There are 100,000 fewer jobs BUT the bar association keeps approving new law schools.  The number of grads has grown by 10 percent this decade.  One thing I did not know: the salary distribution for newly minted lawyers who are lucky enough to get jobs is bimodal -- some get $150k or more at big New York firms, but most end up making $45-60k.