The distribution of salaries in law is bimodal. Lawyers at the school mentioned have never commanded big law levels of compensation. The information is readily available, and it is why I chose not to attend a top 20 law school in 2007.
Graduates of the top 14 schools per US News and World Report rankings feed into these jobs. Some at lower ranked tier 1 schools end up in big law, but they are typically at the top of the class. I would bet that not a single student of the law school mentioned in the article ended up in with a $160k starting salary.
This was the best salary survey I could find: http://www.lawcrossing.com/article/900045279/1st-Year-Salari...