Thursday, February 27, 2014
Chapter Four
Reading about the idea that Milton Friedman had about letting more people take the bar, thus allowing more people to be lawyers was very interesting to me. Initially my thought would be that we would want only the smartest, most eager people to be lawyers but Friedman's analogy about cars makes it clear that we don't. Saying that not everyone should have to drive a Cadillac shows how not all lawyers have to be "the sharpest knives in the drawer." The not as "talented" lawyers could be the ones who do things like wills and real estate closings which would lower the price of the legal services. Since the "easy" things don't require an amazing lawyer, the price of all legal services, including the more difficult cases would be less expensive.
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