all i am saying is it is going to take a decade to sort it all out. most likely the last decade for many who would otherwise have had few more decades of opportunity to thrive or simply survive... cry not, most of the injured voted reliably for years to get what is coming their way.
if you have any kids entering college, kick it in and get them into prelaw, weather they like it or not...
it is going to be a long next decade, they will likely starve without a law degree.
For us, as seniors, the next decade is simply going to be a long slog downward. We know it and all our friends do, as well.
Interestingly enough, in one family we know well, where Dad is an MD, 2 children are lawyers. One is actually a property manager while the other went the JAG route to pay off his college/grad school loans.
How many large firms are hiring graduates? In my rural area, the wife of one attorney works at Walmart, another wife is a CPA and a third wife has a State job. The rest are retired and maybe still do a little bit of consulting. Many of the younger ones run for public office.
Even the large tort firms that advertise locally seem over-full of young grads. One wonders just who will employ them? Corporations and NGOs is my guess, along with government, of course. Seems that will depress salaries somewhat.