Chuck Newton at The Spare Room Tycoon has an interesting post today about lawyer income. Citing an Indiana study, it appears that, if you are in a firm of five or fewer lawyers, income is actually higher in a small town than a big city practice. Less competition must be the reason. And don't forget the lower overhead of being in a smaller market, including cheaper dirt or lease costs. (I already know this, living in the country and all that.) You know the old yarn: one lawyer in a town will starve, but two will thrive.