Donald Sterling

Scrooge McDuck: he is the 1 percent (but not a lawyer).

Becoming a millionaire a few months after graduating from law school is pretty amazing. But can you imagine being a billionaire?

Wouldn’t it be nice to be a member of the Forbes 400, the richest people in the United States? Then you can party on a yacht with models and bottles donate $20 million to the law school that helped launch you along the path of professional success.

We’ve written before about the lawyers and law school graduates on the Forbes 400. Earlier this month, the magazine released the latest rankings, and lawyers made a strong showing.

But there aren’t as many lawyers on the list as there used to be. What happened?

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Celebrity opinions are the worst. On this, I think we can all agree. Unlike our pundit class, celebrities have very few advanced degrees and are never held to account for their prognostications. When a talking head on TV or the internet or even books gets something wrong, he’s fired immediately. The marketplace of ideas demands nothing less. Someone more inclined to bad puns would say that as a marketplace, being fired for being wrong is more than laissez… fair.

And so we hate celebrities mouthing off like they are wont to do because they don’t get fired from their jobs when they’re wrong. This is especially true of the sports world, where the famous people not being fired for voicing opinions also represent our favorite teams, like the Chicago Bears. Or even our least favorite teams, like the Syracuse Orangemen.

Syracuse basketball coach Jim Boeheim spoke out about gun control this week because a bunch of children were murdered recently and a bunch of microphones were stuck in his face. The men holding the microphones said, “Hey Jim, let’s talk sports.”

Jim didn’t want to talk sports. Let’s talk sports….

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Last week, we searched this year’s Forbes 400, the list of the 400 richest Americans, for lawyers and law school graduates. Lat pointed out the newcomers and the dropouts since last year’s roundup, but there are still more than thirty other lawyers on the list.

Let’s take a closer look at these affluent attorneys. Their stories will either inspire you with visions of vast wealth or afflict you with jealousy at how many times over they could pay off your loan debt….

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Some J.D. holders are swimming in money.

For some holders of the Juris Doctor degree, “J.D.” has depressing meanings: Just Debt, Job Disabled, Justifiably Depressed.

But for others, “J.D.” stands for something happier: Just Dollars. Lots and lots and lots of them.

Partners at large law firms do quite well for themselves. So do general counsel at major corporations.

But they are pikers compared to members of the Forbes 400, the annual list of the 400 richest Americans prepared by Forbes magazine. The 2011 list has been issued — and it contains a number of lawyers and law school graduates….

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