> There's not a shortage of lawyers and Texas is not pushing for freedom.
Exactly. Law isn't medicine, and there are so many law graduates that many of them can't even find work in the legal industry, and the earnings of many graduates are surprisingly low (the distribution is bimodal: https://www.nalp.org/salarydistrib).
Unfortunately too many here will reflexively believe some libertarian narrative of "professional organization limiting supply to drive salaries up," even when it doesn't apply.
Arizona is the only state that artificially limits the number of lawyers it has. Every year they decide how many new ones they need, and that is exactly how many will pass the bar exam.
I don’t think that this has has had the effect of driving up salaries, however.
Exactly. Law isn't medicine, and there are so many law graduates that many of them can't even find work in the legal industry, and the earnings of many graduates are surprisingly low (the distribution is bimodal: https://www.nalp.org/salarydistrib).
Unfortunately too many here will reflexively believe some libertarian narrative of "professional organization limiting supply to drive salaries up," even when it doesn't apply.