I think there are too many lawyers in America. Look in the phone book or watch television ads and there are lawyers everywhere. I don't think this is an issue to be concerned about though. The US is all about opportunity and competition. The best lawyers will rise to the top.
There are way too many lawyers. Seems the market is overcrowded with lawyers these days because it is a great way to make a living. If you are ever in court you will notice the number of lawyers in the hallway and parents are pressuring their kids to grow up to be lawyers.
Of course it is good to be able to find a capable attorney when a person needs one for a legitimate claim. But there are so many of them now that they are drumming up their own business and creating a false need, as you can see from the constant ads on tv.
The law field has shown that we have a large amount of lawyers out there to handle the caseload that exists. If you look into the phone book you will see the vast amount of pages that contain lawyer advertisements. I would say that we have more then enough lawyers to go around.
There aren't too many lawyers, because this is a profession where there are even gaps and a need for them in certain fields. That being said, there are definitely too many "ambulance chaser" type lawyers, the ones that look for a recalled item or medical issue and do class action lawsuits. In these types of situations, the victims lose out and the lawyers tend to make all the money.