10 gallons of lawyers in a 5-gallon haTTT

This is from the Economic Modeling Specialists Inc.. I know I'm preaching to the choir, but would be remiss if I didn't post it.

The short story is that a firm calculated the number of bar exam passers versus the estimated number of annual lawyer job openings. New York produces about 7,700 lawyers more per year than the state needs. Nationwide, the total is over 27,000, which includes non-ABA schools. To this, New Jersey and Massachusetts add the unhappy combination of low compensation and high COL.

The stats are actually wrong because Wisconsin doesn't require bar passage if you graduate from a Wisconsin school, and you can waive into DC. Nebraska is hopelessly insular, and in any event I sincerely doubt there's a lawyer shortage there.

So, lemmings, head for Brooklyn Law, Chapman, and Rutgers now! And, ABA, keep up the good work!

	2010-15 Est. Annual Openings	2009 Bar Exam Passers	2009 Completers (IPEDS)	Surplus/ Shortage	Median Wages
New York	2,100	9,787	4,771	7,687	$56.57
California	3,307	6,258	5,042	2,951	$50.61
New Jersey	844	3,037	787	2,193	$43.84
Illinois	1,394	3,073	2,166	1,679	$51.54
Massachusetts	715	2,165	2,520	1,450	$43.89
Pennsylvania	869	1,943	1,697	1,074	$46.05
Texas	2,155	3,052	2,402	897	$41.55
Florida	2,027	2,782	2,781	755	$36.39
Maryland	560	1,277	548	717	$41.46
Missouri	362	943	908	581	$39.96
Connecticut	316	880	510	564	$43.69
North Carolina	503	1,032	279	529	$37.79
Minnesota	378	888	948	510	$43.69
Ohio	686	1,194	1,513	508	$34.69
Georgia	779	1,217	894	438	$46.11
Colorado	547	967	509	420	$40.83
Virginia	956	1,375	1,435	419	$49.34
Louisiana	357	731	810	374	$33.35
Tennessee	389	735	446	346	$37.34
Washington	619	935	678	316	$37.37
Oregon	291	594	519	303	$34.51
Indiana	339	602	825	263	$32.48
South Carolina	262	506	410	244	$33.03
Kentucky	261	478	389	217	$34.39
Nevada	219	392	143	173	$40.32
Arizona	440	607	378	167	$37.51
New Mexico	134	298	114	164	$29.78
Michigan	862	1,024	1,993	162	$35.22
Kansas	190	351	296	161	$31.16
Alabama	295	455	406	160	$37.98
Iowa	155	290	556	135	$32.16
Rhode Island	102	209	184	107	$39.65
Hawaii	76	179	88	103	$33.70
Mississippi	173	268	335	95	$28.86
Utah	308	401	283	93	$37.04
W. Virginia	100	191	152	91	$32.51
Montana	81	163	83	82	$24.96
Maine	75	153	91	78	$29.70
Arkansas	152	227	243	75	$30.83
Wyoming	40	113	80	73	$29.86
New Hampshire	92	154	146	62	$30.84
Oklahoma	326	387	489	61	$29.56
South Dakota	38	83	73	45	$29.19
North Dakota	33	63	80	30	$28.78
Idaho	128	157	97	29	$30.77
Alaska	41	66	0	25	$37.80
Delaware	116	141	235	25	$60.67
Vermont	51	55	191	4	$30.48
Nebraska	112	109	279	-3	$32.47
Wisconsin	262	248	691	-14	$36.43
D.C.	618	273	2,109	-345	$70.96
Nation	26,239	53,508	44,159	27,269	$44.22