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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (16512)3/7/2002 5:56:23 PM
From: Snowshoe  Respond to of 74559
 
Re: Value of Lawyers

I am currently pursuing a SEC arbitration case for a relative and it sure is nice to have an experienced lawyer to handle it, even if he will get 1/3 of any settlement. Did you know that Japan is going to add a lot more lawyers?...

Beatings Among Young Baseball Players Reveal a Japan Riven by Old Militarism
By Peter Landers
The Wall St. Journal
January 10, 2002

And lawsuits are surging, belying the traditional claim that harmonious group-oriented Japanese had little need for the court system. To meet the demand, the government plans to triple the number of new lawyers licensed each year by 2010. "Japanese are increasingly insisting on their rights," says Katsushige Koga, a lawyer in the western city of Fukuoka.

www2.gol.com



To: Ilaine who wrote (16512)3/7/2002 7:24:15 PM
From: Don Lloyd  Read Replies (1) | Respond to of 74559
 
CB -

My economics professor informed me that as far as economists are concerned, lawyers don't add anything to the economy.
Which I think is funny, because I am always reading that for capitalism to succeed, it requires the rule of law and enforceability of contracts. Where do they think that stuff comes from?


In an earlier post you said something about having trouble counting and now you admit that lawyers in general are addition-challenged. Of course, if people smart enough to be lawyers could do math, they would be engineers. -g-

Wouldn't capitalism be able to limp along if there were somewhat fewer than 1000 laws for every lawyer?

Regards, Don