ckip

I agree with his advice and not yours. Good candidates are a good reason to hire. Overworked is a good reason to reexamine priorities.

Medicine contributes to economic output. Most legal work takes away from it.

Lawyers out of law schools are not qualified to practice the law. That takes an apprenticeship as an associate which is where the bottleneck is. It is a cartel, but not at the law school level.

There is a huge demand for cheap lawyers -- basically people who know rules of procedure and basic law. They don't exist, in part because law schools don't teach enough practical skills to be able to practice without malpractice.

Management is a skill. Moving up the totem pole to executive at increasingly senior levels is political games. It's a skill, but not one that contributes to economic output.

Founders excluded, of course.

Misleading. Likely intentionally so. Top 1% mostly comes from artificially scarce markets and pyramid schemes: lawyers (with intentional bottlenecks on supply at the associate level and a pyramid scheme to make partner), doctors (with intentional barriers in both requiring unrelated undergrad study and the hazing style apprentice model), elite university professors (pyramid scheme with grad students and post docs; salaries are now typically above $200k, reaching a million), executives (pyramid scheme based on connections and kickbacks), finance, etc.

The only domain requiring unique productive skills is doctors... The rest is all market manipulation.