Lawyers: Now, About the Fee . . .

Anyone who has paid a lawyer's bill lately may be forgiven if he thinks that lawyers make a great deal of money. But according to a survey conducted for the Philadelphia Bar Association, most members of the legal profession would probably disagree. About 60% of all practicing lawyers in the U.S. operate on their own in one-man offices, and in this go-it-alone group the average income comes to only about $8,000 a year. Dentists without partners average $12,000, and medical doctors more than $18,000.

The way to prosper at law, it appears, is to belong to a firm, the bigger the...

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