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Thread: Why So Many Lawyers? Lawyers contribute to making businesses flourish

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    Post Why So Many Lawyers? Lawyers contribute to making businesses flourish

    It is vital to understand that lawyers contribute every single day not only to making businesses sustainable, but to helping them flourish. By completing business and contractual obligations and commercial transactions, resolving disputes, facilitating the flow of funds and investments, encouraging innovation through the protection of intellectual property rights, and advising entrepreneurs on viable business solutions, lawyers are able to positively impact the growth of the economy. In a developing economy with competitive businesses, lawyers also help their clients to address and even avoid pockets of market concentration through competition-law enforcement.

    What is the essence of being a lawyer? What is it that lawyers do? My answer is that they create, find, interpret, adapt, apply, and enforce rules and principles that structure human relationships and interactions. More briefly, lawyers "handle" the rules and norms that define rights and duties among people and organizations. That is, they are specialists in normative ordering. The knot that properly ties together the myriad activities of so many practicing lawyers is that they are often engaged in handling rules, norms, and principles that define the rights and duties that people and organizations have with and toward each other.

    Various lines of thought suggest that the growth in the legal profession is something to wring our hands about, and that if we only had a little backbone we would take steps to reverse the trend. There are as many variations on this theme as there are $#@!tail parties and barrooms, but I will limit myself to discussing three of the more serious theories. These theories allege and stress, respectively: widespread decline in the moral fabric of society; the capacity of lawyers to induce demand for their own services; and imperfections in the market for legal services.

    https://www.edge.ai/2018/11/the-role...ing-economies/

    Robert C. Clark, Why So Many Lawyers? Are They Good or Bad?, 61 Fordham L. Rev. 275 (1992).
    Available at: http://ir.lawnet.fordham.edu/flr/vol61/iss2/1 https://dash.harvard.edu/bitstream/h...pdf;sequence=1
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    I always appreciated a good mouth piece when I needed one.

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    Quote Originally Posted by DGUtley View Post
    It is vital to understand that lawyers contribute every single day not only to making businesses sustainable, but to helping them flourish. By completing business and contractual obligations and commercial transactions, resolving disputes, facilitating the flow of funds and investments, encouraging innovation through the protection of intellectual property rights, and advising entrepreneurs on viable business solutions, lawyers are able to positively impact the growth of the economy. In a developing economy with competitive businesses, lawyers also help their clients to address and even avoid pockets of market concentration through competition-law enforcement.

    What is the essence of being a lawyer? What is it that lawyers do? My answer is that they create, find, interpret, adapt, apply, and enforce rules and principles that structure human relationships and interactions. More briefly, lawyers "handle" the rules and norms that define rights and duties among people and organizations. That is, they are specialists in normative ordering. The knot that properly ties together the myriad activities of so many practicing lawyers is that they are often engaged in handling rules, norms, and principles that define the rights and duties that people and organizations have with and toward each other.

    Various lines of thought suggest that the growth in the legal profession is something to wring our hands about, and that if we only had a little backbone we would take steps to reverse the trend. There are as many variations on this theme as there are $#@!tail parties and barrooms, but I will limit myself to discussing three of the more serious theories. These theories allege and stress, respectively: widespread decline in the moral fabric of society; the capacity of lawyers to induce demand for their own services; and imperfections in the market for legal services.

    https://www.edge.ai/2018/11/the-role...ing-economies/

    Robert C. Clark, Why So Many Lawyers? Are They Good or Bad?, 61 Fordham L. Rev. 275 (1992).
    Available at: http://ir.lawnet.fordham.edu/flr/vol61/iss2/1 https://dash.harvard.edu/bitstream/h...pdf;sequence=1
    Feeling a little guilty or underappreciated this fine Saturday morning ??

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    They're also pretty darned good at putting the fear of God in folks that are pissing you off.
    ""A government which robs Peter to pay Paul can always depend on the support of Paul" ~George Bernard Shaw

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    It is the rule of law and not lawyers that help. Good judges too. As for businesses flourishing, that is good product and often dumb luck. Look at Amazon for instance.

    PS we have lawyers in extended family and because we now reside in the upper class and know lots, they range all over the place. Da truth nothing but da truth....
    Wanna make America great, buy American owned, made in the USA, we do. AF Veteran, INFJ-A, I am not PC.

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    The lawyers apply the rule of law. Did you read the law review article? I know that you were all about the source, I provided you with a peer reviewed source. It is about the lawyers, and the judges, and the law.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by midcan5 View Post
    It is the rule of law and not lawyers that help. Good judges too. As for businesses flourishing, that is good product and often dumb luck. Look at Amazon for instance.

    PS we have lawyers in extended family and because we now reside in the upper class and know lots, they range all over the place. Da truth nothing but da truth....

    The law is so in-depth and complex, the average citizen cannot successfully interpret it in order to achieve the best outcome.

    Flourishing business is rarely "dumb luck." It's a matter of making supply and demand work for you.
    ""A government which robs Peter to pay Paul can always depend on the support of Paul" ~George Bernard Shaw

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    "A man who acts as his own attorney, has a fool for a client." I'm just fine with Dave and his profession.

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    Quote Originally Posted by FindersKeepers View Post
    The law is so in-depth and complex, the average citizen cannot successfully interpret it in order to achieve the best outcome.

    Flourishing business is rarely "dumb luck." It's a matter of making supply and demand work for you.
    The law is needlessly complex. It is so because it's great business for the government and lawyers.

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    Quote Originally Posted by The Xl View Post
    The law is needlessly complex. It is so because it's great business for the government and lawyers.
    Like just about anything in life you take the good with the Bad!


    Lawyers help business navigate laws, regulations, taxes, ect...........and that's a good thing.

    Trial Lawyers out to sue everybody driving up the cost of everything from medical care to running a City government not so much!

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