The legal profession continues to evolve with the rapidly changing socio-economic landscape. Among the many branches of this esteemed field, the specialization of nonprofit law remains somewhat enigmatic - shrouded in misconceptions and fostered myths. Today, we aim to pull back the curtain and traverse the labyrinth of innuendos and half-truths associated with nonprofit lawyers.

The first myth - "Nonprofit lawyers aren't real lawyers." This assertion arises from a fundamental misunderstanding of the legal profession. Nonprofit lawyers, like their counterparts, have completed juris doctorate programs, passed the bar exam and are sworn to uphold the justice system. They are as real as any other lawyer. Their distinction lies in their chosen field of practice - the nonprofit sector. This involves intricate legalities surrounding tax exemptions, governance, fundraising, and a myriad of other organizational complexities.

Next, the myth that "Nonprofit lawyers don't earn well." Contrary to this belief, the earning potential for nonprofit lawyers isn't inherently lower. The remuneration depends on the organization's size, geographical location, and the lawyer's experience and skill set. It's pertinent to mention the principle of compensating wage differentials in economics. This principle suggests that jobs with less attractive aspects (e.g., high stress level, long working hours) tend to offer higher wages as a trade-off. However, nonprofit lawyers often find intrinsic value in their work, compensating for any potential wage differential.

The third myth states, "Nonprofit lawyers don’t go to court." This is an oversimplification. Nonprofit lawyers do go to court when necessary, such as in cases of litigation, advocacy, or defending their organization. The frequency of courtroom appearances may vary based on the needs of the nonprofit organization they represent.

The fourth myth suggests, "Nonprofit sector doesn’t require legal expertise." This could not be further from the truth. Nonprofit organizations function within the legal framework established by society and thus, require legal guidance to navigate the complex labyrinth of laws – especially those related to tax-exemption, fundraising, governance, and employment.

Fifth, "Nonprofit lawyers only deal with small, insignificant cases." This notion misconstrues the weight of cases nonprofit lawyers handle. Matters related to civil rights, environment, or public policy often have far-reaching implications and societal impact, making them anything but insignificant.

The sixth myth purports, "Nonprofit Lawyers do not possess specialized knowledge." Quite the contrary, they need a thorough understanding of tax law, corporate law, employment law, and intellectual property law, to name a few. They also need competency in public policy, governance issues, and a host of other legal arenas.

Myth seven - "Nonprofit lawyers do not have high-stress jobs." Like any legal profession, nonprofit law has its share of stressors. They often grapple with significant societal issues, tight budgets, and high workloads, which can create a high-pressure environment.

The eighth myth suggests, "Nonprofit law isn't intellectually challenging." This perspective neglects the intricate complexity of nonprofit law that merges various legal disciplines. For instance, understanding the legal requirements for 501(c)(3) status involves sophisticated knowledge of tax law.

The ninth myth implies, "Nonprofit law isn’t prestigious." This is subjective and largely dependent on one’s perspective. Some measure prestige by salary or the perceived glamour of a position. However, others find prestige in the impact of their work, making nonprofit law highly prestigious due to its potential for societal transformation.

Lastly, the notion that "Nonprofit lawyers only work with charities." Nonprofit organizations encompass more than just charities. They include universities, hospitals, research institutions, and public broadcasting services, among others. Nonprofit lawyers, therefore, work with a diverse range of organizations.

In dissecting these myths, we reveal the true nature of nonprofit lawyers – capable, versatile, and dedicated individuals who navigate complex legalities to facilitate societal change. Despite the common misconceptions, the field of nonprofit law is a compelling amalgamation of intellectual challenge, societal impact, and professional fulfilment. It's an avenue for justice, equity, and societal transformation, making it a proud and noble facet of the legal profession.