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by learc83 4807 days ago
>There is no obvious reason other than tradition and cultural goals that a lawyer has to be paid $200/hr instead of $20/hr, ditto no reason a postdoc biomedical researcher has to be paid $30K/yr instead of $300K/yr.

The average lawyer doesn't make $200/hr. You can't compare your average biomedical postdoc to the top law school graduates. A biomedical postdoc is sacrificing pay now because he probably hopes to get a job as a tenured professor some day. It's something like clerking for a judge after law school.

Another thing, law students pay for law school, many of them rack up $150k in debt before they even start working. Most STEM PhD candidates are being paid while going to grad school.

>The supply of STEM grads is too high leading to low pay and the supply of lawyers is too low leading to high pay, but if you can convince the kids to select different majors, go ahead.

There are far too many law school graduates each year for the amount of lawyers demanded. Unless you can get into a good school and graduate near the top, law school is probably a bad idea. While the prospects for most STEM degrees look much better than other majors.