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Trouble at the Bar
An Economics Perspective on the Legal Profession and the Case for Fundamental Reform
Authors:
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Publisher:
2021
Summary
Deregulating the legal profession will benefit society by improving access to legal services and the efficacy of public policies.
Lawyers dominate a judicial system that has come under fire for limiting access to its services to primarily the most affluent members of society. Lawyers also have a pervasive influence throughout other parts of government. This is the first book offering a critical comprehensive overview of the legal profession's role in failing to serve the majority of the public and in contributing to the formation of inefficient public policies that reduce public welfare.
In Trouble at the Bar, the authors use an economic approach to provide empirical support for legal reformers who are concerned about their own profession. The authors highlight the adverse effects of the legal profession's self-regulation, which raises the cost of legal education, decreases the supply of lawyers, and limits the public's access to justice to the point where, in general, only certified lawyers can execute even simple contracts. At the same time, barriers to entry that limit competition create a closed environment that inhibits valid approaches to analyzing and solving legal problems that are at the heart of effective public policy.
Deregulating the legal profession, the authors argue, would allow more people to provide a variety of legal services without jeopardizing their quality, reduce the cost of those services, spur competition and innovation in the private sector, and increase the quality of lawyers who pursue careers in the public sector. Legal practitioners would enjoy more fulfilling careers, and society in general and its most vulnerable members in particular would benefit greatly.
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Bibliographic data
Copyright year
2021
ISBN-Print
978-0-8157-3911-1
ISBN-Online
978-0-8157-3912-8
Publisher
Rowman & Littlefield, Lanham
Language
English
Pages
backcover1
Product type
Book Titles
Table of contents
ChapterPages
Table of Contents No access
Acknowledgments No access
Introduction No access Pages 1 - 8
Returns to Law School Before and After the Great Recession No access Pages 9 - 50
A Brief Assessment of the Market for a Legal Education No access Pages 51 - 58
Law Firms No access Pages 59 - 70
Self-Selection of Government Lawyers and the Earnings Penalty No access Pages 71 - 106
Rosource Constraints for Lawyers in Government: The Case of the U.S. Office of the Solicitor General No access Pages 107 - 128
Justice Ideology and Supreme Court Decisions No access Pages 129 - 168
A Synthesis No access Pages 169 - 178
Policy Reforms to Improve the Legal Profession and Benefit the Nation No access Pages 179 - 192
