I honestly don’t know the status of BO’s law license. I know Michelle’s is “voluntarily surrendered” which just means “I’m not working and don’t want to pay my bar dues or take CELs.”
I do not accept your guess at what Michelle’s loss of law license “means” (something innocuous or innocent). Better to stick with “I don’t know”, and I don’t either. That is the point. Media should find out what it means and explain it. If Ron Paul’s medical license was invalidated, you can bet the DBM would ask why and make sure response was accurate ala GWB’s TANG records. Law licenses are often “surrendered” to stave off or in lieu of disciplinarty or other (e.g. criminal) punitive actions.