First Thing We Do, Let\x27s Deregulate All the Lawyers

First Thing We Do, Let\x27s Deregulate All the Lawyers

《First Thing We Do, Let's Deregulate All the Lawyers》是Brookings Institution Press出版的圖書,作者是Clifford Winston,Robert W Crandall,Vikram Maheshri

基本介紹

  • ISBN:9780815721901
  • 作者:Clifford Winston、Robert W Crandall、Vikram Maheshri
  • 出版社:Brookings Institution Press
  • 出版時間:2011年12月1日
  • 頁數:120
  • 定價:AUD 50.36
  • 裝幀:Paperback
內容簡介
Not many Americans think of the legal profession as a monopoly, but it is. Abraham Lincoln, who practiced law for nearly twenty-five years, would likely not have been allowed to practice today. Without a law degree from an American Bar Association-sanctioned institution, a would-be lawyer is allowed to practice law in only a few states. ABA regulations also prevent even license...(展開全部) Not many Americans think of the legal profession as a monopoly, but it is. Abraham Lincoln, who practiced law for nearly twenty-five years, would likely not have been allowed to practice today. Without a law degree from an American Bar Association-sanctioned institution, a would-be lawyer is allowed to practice law in only a few states. ABA regulations also prevent even licensed lawyers who work for firms that are not owned and managed by lawyers from providing legal services. At the same time, a slate of government policies has increased the demand for lawyers' services. Basic economics suggests that those entry barriers and restrictions combined with government-induced demand for lawyers will continue to drive the price of legal services even higher. Clifford Winston, Robert Crandall, and Vikram Maheshri argue that these increased costs cannot be economically justified. They create significant social costs, hamper innovation, misallocate the nation's labor resources, and create socially perverse incentives. In the end, attorneys support inefficient policies that preserve and enhance their own wealth, to the detriment of the general population. To fix this situation, the authors propose a novel solution: deregulation of the legal profession. Lowering the barriers to entry will force lawyers to compete more intensely with each other and to face competition from nonlawyers and firms that are not owned and managed by lawyers. The book provides a much-needed analysis of why legal costs are so high and how they can be reduced without sacrificing the quality of legal se

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