A common question I get from people in the process of starting a new business venture is “How do I set up a company?”. The process isn’t too difficult, but before you head down that road it’s important to consider why you wish to incorporate and whether incorporation is the right arrangement for you.
There’s an excellent post over at Empirical Legal Studies that deals with the issue of “bi-modal distribution” of incomes for recent law graduates. The post notes:
… [M]easures of central tendency, such as average or median, are not necessarily reliable guides for law students’ future earning power. In conventional labor markets, that disconnect is rare.
A look [...]