I can't match this poster's tremendous experience, but I'd say she and fliers are on the money. I was very focused on law school after undergrad. I did the right kind of internships, got the right kind of scores. etc. Luckiliy, however, I had a pretty clear idea of the kinds of things that I wanted to do, and spent a lot of time thinking about what I didn't want to do, and along the way I interviewed about 50 lawyers who were doing what in my mind was "interesting" sorts of law. International public and private, interesting litigation, etc.
For me, in the end, the debt, relative lack of geographic mobility (particularly internationally), and in the end, the realization that I had no desire to actually practice law dissuaded me. I met a few lawyers who said that law is a great degree no matter what you want to do, teaches you how to analyze, etc. They were a very small minority. Law's great, I think, if you want to practice it. Otherwise, it's a long slog through torts and everything else, and a lot of debt, to "get your foot in the door."
Just my two cents. Statistics do indicate that it's a bad time to graduate from law school, though.