Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (251880)	5/27/2008 9:10:54 PM
From: i-node	Read Replies (1) of 793991

there is this interesting device called a telephone, by which people can call lawyer's offices wrt fees to basic legal needs OR they could just use the internet to find out those fees as well Opening up advertising of professionals has been a disservice in one sense. However, it was a natural outgrowth of antitrust legislation -- it is pretty tough to make a case supporting the "right" of professional associations to prohibit advertising. I was a member of the AICPA when the ban was lifted, and was opposed to it as I felt it would cheapen the profession (as it turned out, the CPA business self destructed under the weight of large firms who lost their objectivity -- but that's a different story). However, the key difference between what the CPAs did vs. the attorneys is that CPAs were not allowed to accept "contingency" fees. As a CPA, we could not ethically agree to handle, for example, a tax return for a percentage of the refund. Contingent fee arrangements are the real problem with professional advertising, IMO. Of course, an argument can be made that contingent fees benefit consumers. But it also has the effect of creating an overly litigious society.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next