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Vol 21 No 9 Sept/Oct 2016

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Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Glass Half Full: The Decline and Rebirth of the Legal Profession (eBook)

ISBN13: 9780190205584
Published: July 2015
Publisher: Oxford University Press
Country of Publication: UK
Format: eBook (ePub)
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The hits keep coming for the American legal profession. Law schools are churning out too many graduates, depressing wages, and constricting the hiring market. Big Law firms are crumbling, as the relentless pursuit of profits corrodes their core business model. Modern technology can now handle routine legal tasks like drafting incorporation papers and wills, reducing the need to hire lawyers; tort reform and other regulations on litigation have had the same effect. As in all areas of today's economy, there are some big winners; the rest struggle to find work, or decide to leave the field altogether, which leaves fewer options for consumers who cannot afford to pay for Big Law. It would be easy to look at these enormous challenges and see only a bleak future, but Ben Barton instead sees cause for optimism.

Taking the long view, from the legal Wild West of the mid-nineteenth century to the post-lawyer bubble society of the future, he offers a close analysis of the legal market to predict how lawyerly creativity and entrepreneurialism can save the profession. In every seemingly negative development, there is an upside. The trend towards depressed wages and computerized legal work is good for middle class consumers who have not been able to afford a lawyer for years. The surfeit of law school students will correct itself as the law becomes a less attractive and lucrative profession. As Big Law shrinks, so will the pernicious influence of billable hours, which incentivize lawyers to spend as long as possible on every task, rather than seeking efficiency and economy. Lawyers will devote their time to work that is much more challenging and meaningful. None of this will happen without serious upheaval, but all of it will ultimately restore the health of the faltering profession.

A unique contribution to our understanding of the legal crisis, the unconventional wisdom of Glass Half Full gives cause for hope in what appears to be a hopeless situation.

Other Jurisdictions , General Interest, eBooks, USA
Chapter One - Introduction

Chapter Two - Birth, Death, Rebirth, Near Death - American Lawyers from 1776-1950
Chapter Three - From Boom, to Two Professions, to Big Law's Fall - American Lawyers from 1950-Present
Chapter Four - Death from Above - Big Law Stumbles
Chapter Five - LegalZoom and Death from Below
Chapter Six - Death From the State - Tort Reform, Judicial Hostility, and Budget Cuts
Chapter Seven - Death from the Side - More Lawyers Fight for Slices of a Smaller Pie

Chapter Eight - A Brief History of American Law Schools
Chapter Nine - The Bleak Present and Near Future for Law Schools

Chapter Ten - Big Picture and Parallels
Chapter Eleven - The Good News for American Consumers
Chapter Twelve - The Profession and Law Schools that Emerge Will be Stronger and Better
Chapter Thirteen - Conclusion