4 ms·
Supply and demand should correct the situation if we get over-lawyered. Looking at university enrollment rates, it seems that’s exactly what’s happening.
by FredPret 2y ago
Supply and demand should correct the situation if we get over-lawyered. Looking at university enrollment rates, it seems that’s exactly what’s happening.
- lotsofpulp 2y agoSupply and demand is a concept for when there are buyers and sellers. There is no short term feedback loop for a legal system that gets too bureaucratic/corrupt. That ends up only being visible on a years and decades long scale when the whole country becomes less productive and less trustworthy on the global scale and is outcompeted by other nations with less bureaucracy/corruption. For example, one might say excess lawyers (either as lawyers or political figures or judges) contribute to excessive liability, which then results in everyone spending extra to cover their ass or simply not taking risks, the consequences of which are only visible in the long term. But supply and demand won’t fix this issue in a sufficiently timely manner.