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.
1.14 Law, Economics and the Economics of Law Practice
Everyone probably knows that law and economics are closely tied. Both law and economics are social systems that arise within cultures. Every member of society is affected by participates in both systems. It might be more accurate to say that both law and economics are...
1.15 The Conundrum of Law Practice in Conflict Resolution
In essay 1.14 that introduced the current series dealing with law, economics and the economics of law practice. Several subsequent essays in this series and deal with the economics of law practice. But to understand some of the problems associated with the economics...
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...
1.18 Economic Motives of Plaintiffs’ Lawyers
In the preceding essay in this series, I examined the economic motives of defense attorneys. In this essay, I discuss the economic motives of plaintiffs’ attorneys. Both defense attorneys and plaintiffs’ attorneys must operate their offices as a business, if they...
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...