Posted on 03/11/2009 6:41:22 AM PDT by reaganaut1
Now, opening the bar to a much wider pool of applicants will increase the supply of lawyers, resulting in a deflationary effect on their fees. Once fees drop AND law school is not the only route to practice law, law schools will close. Between the closure of law schools and the decrease in remuneration for lawyers, the supply will maintain equilibrium, thus resulting in a greater number of lawyers, but at much lower cost.
IMHO, the only reason it seems like there are too many lawyers today is because they have taken over government and vote themselves benefits, by creating new regulatory schemes and opposing tort reforms. These things create demand for lawyers. If we can win the battle against these liberal forces and put a stop to their schemes, the demand will decrease, and we'll end up with BOTH fewer lawyers and cheaper lawyers. Good thing, no?
Thanks for the input. Probably right. Adversity hones skills and character.
Still, I wish there were another way.
Maybe talk her into a new field!
Kidding, sort of. :)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.