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[quote=Anonymous]This is what happened to law: 1. As people realized it was too difficult to enter science, medicine, engineering, math, economics or similar fields, they turned to a profession with then high incomes and the glut of lawyers began. 2. Many laws were passed (Dodd-Frank, Sarbanes-Oxley) to provide more low level employment for lawyers. This made lawyers think it would be easy to obtain a job outside of a law firm. 3. Technology advances created a need for patent lawyers, intellectual property, etc. lawyers, and this again made people think there were plenty of jobs. 4. Women entered the field of law in large numbers beginning in the 1970s because it was an easier professional degree to obtain (see #1 above). Any time women enter a field, pay goes down. 5. Technology replaced functions once done by new associates, so less need for them. It is simple: Too many people looking for an easier to enter field than sciences and too few jobs. If these people learned something useful, they could have a very good job. [/quote]
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