About Essays on the economics of Law Practice

The Economics of Law Practice

Law and economics are closely related. Both depend on the faith of the people for their operation. The are not created by science and technology, although technology now provides major support.

1.16 A Law and Economics Primer

In the previous essay in this series, I pointed out that the economics of law practice can actually impede the ability of the legal system to efficiently resolve disputes. In other essays in this series, I discuss in depth the economic motivations of both defense...

1.17 Economic Motives of Defense Attorneys

This essay is the fourth in a series dealing with the economics of law practice.  In earlier essays in the series, I described the strong relationship between law and economics. I pointed out that because the practice of law is a business, the economic motivation of...

1.19 Liability Insurance

In this series of essays, I have concentrated on the economics of law practice. I have discussed the economic motives of plaintiff lawyers, the economic motives of defense lawyers, and the fact that the combination may impact adversely on the ability of the legal...

1.30 Lawyer advertising

Lawyer advertising turns most people off. That includes many members of the legal profession itself. Ads that include boxing gloves, horses, tigers and big trucks may be mildly amusing the first time you see them, but add little to the image of the legal profession...