Thursday, January 22, 2015
There are 249 potential customers per 1 lawyer in the United States. Not a good prospect for the profession
According to statistics available on the Internet, there are currently approximately 1.27 mln lawyers in this country and 316.1 mln of the population.
Thus there are less than 249 people per lawyer as a potential customer base.
Consequently, competition will become more aggressive, fierce, and it can be expected that disciplinary proceedings will increasingly be used as means to extinguish competitors.
Yet, there is no hiding the fact - the profession overtaxed the population with increasingly complex rules invented by the profession in order to increase the necessity for the profession in the courtroom.
And yet, the capacity of the disciplinary committees are not enough to eliminate as many competitors as is needed to prevent the doom of the profession unless it finally rids itself of the monopoly for legal services, opens the market for legal services to all public and the market equalize the need for legal services and prices for such services.
So, reforms in the legal profession are unavoidable and they may be closer at hand than most of the currently practicing attorneys would want to believe.
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