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Proposals to change the regulatory framework for the legal profession to increase access to legal services have been made for decades. The organized bar frequently responds to these proposals by raising concerns about the difficulty of regulating alternative providers and corporate legal...
Persistent link: https://www.econbiz.de/10012998688
The American Bar Association and its state-level brethren control and regulate the legal profession, determining who can provide legal services, how those providers are trained, and what business forms those providers can use. This professional regulation limits what may be offered as a legal...
Persistent link: https://www.econbiz.de/10014213492
The United States economy is struggling to recover from its worst economic downturn since the Great Depression. After several huge doses of conventional macroeconomic stimulus - deficit-spending and monetary stimulus - policymakers are understandably eager to find innovative no-cost ways of...
Persistent link: https://www.econbiz.de/10014044045
In this chapter, I first discuss why we need to think of legal infrastructure as economic infrastructure requiring focused economic policymaking, what is wrong with our existing legal infrastructure and why we need to change our modes of legal production. I then set out a vision of what greater...
Persistent link: https://www.econbiz.de/10014044512