Elaborate living by lawyers is rare

From an article in the ABA Journal, August 1929 issue:

Of course the economic situation of the bar would be considerably improved if the number of lawyers could be reduced. There are too many lawyers today for the amount of legal business everywhere in America; and the normal result of excess of supply as compared to demand, has kept fees of lawyers low and elaborate living by lawyers rare.

Henry Upson Sims, ABA Journal, Importance of Maintaining the Dignity of the Profession of the Law (August 1929). More about Mr. Sims, former ABA President, can be had here.