My matplotlib.pyplot legend is being cut off

Question

I\'m attempting to create a plot with a legend to the side of it using matplotlib. I can see that the plot is being created, but the image bounds do not allow the entire legend

Answer 1

Edit: @gcalmettes posted a better answer.
His solution should probably be used instead of the method shown below.
Nonetheless I'll leave this since it sometimes helps to see different ways of doing things.

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As shown in the legend plotting guide, you can make room for another subplot and place the legend there.

import matplotlib.pyplot as plt
ax = plt.subplot(121) # <- with 2 we tell mpl to make room for an extra subplot
ax.plot([1,2,3], color='red', label='thin red line')
ax.plot([1.5,2.5,3.5], color='blue', label='thin blue line')
ax.legend(bbox_to_anchor=(1.05, 1), loc=2, borderaxespad=0.)
plt.show()

Produces: