Are There Too Many Lawyers?

Annie Lowrey sees an incongruity: 

Between 2007 and 2009, the number of LSAT takers climbed 20.5 percent. Law school applications increased in turn. ... [But the] demand for lawyers has fallen off a cliff, both due to the short-term crisis of the recession and long-term changes to the industry, and is only starting to rebound. The lawyers that do have jobs are making less than they used to. At the same time, universities seeking revenue have tacked on law schools, minting more lawyers every year.