Celebrating 10 years! 2007-2017

Potential Silver Lining.

Even though most lawyers are suffering, even though most peo wearyattorney07/03/18
Doubtful. One gets what one pays for imho. Buyer beware. esquirewalletsmatter07/05/18
The type of lawyer you want to hire will be nominally cheape snowday7507/04/18
There will always be the subset of good lawyers that truly b mtbislife07/04/18
More supply = lower price = less incentive to go into law ov irishlaw07/04/18
But an argument can be made that as moderately and above ave wearyattorney07/04/18
actually quality of everything has gone down in last 20 year whiteguyinchina07/04/18
I don't think most lawyers are suffering. Most lawyers are d fettywap07/05/18
In regard to increased supply, I noticed an uptick in smalle dandydan07/05/18
Obviously it varies based on the market and practice area, b flharfh07/05/18
wearyattorney (Jul 3, 2018 - 9:27 pm)

Even though most lawyers are suffering, even though most people in law school now are going to suffer even more, and even though the profession is going to keep getting worse for individual practioners, is it good for the public?

Serious question. Are people getting better legal services for less money because of the oversupply?

I don’t think that’s what is happening, but maybe someone can present a position to that effective, which provides some comfort in the higher human sense.

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esquirewalletsmatter (Jul 5, 2018 - 8:04 am)

Doubtful. One gets what one pays for imho. Buyer beware. And quite frankly, there are a lot of incompetent attorneys out there (especially the copy and paste Boomer practitioners)

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snowday75 (Jul 4, 2018 - 12:06 am)

The type of lawyer you want to hire will be nominally cheaper. The guy doing Door Law between doc review cases can screw up your case for $50.00/hour. Go on your area’s legal services Craigslist.

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mtbislife (Jul 4, 2018 - 12:10 am)

There will always be the subset of good lawyers that truly believe in the cause and honestly want to help people that have been wronged by this person or that corporation. The rest are undercutting each other in a desperate race to the bottom, I dont think an oversupply of lawyers equals better services.

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irishlaw (Jul 4, 2018 - 12:44 am)

More supply = lower price = less incentive to go into law over getting an MD working in finance or doing supply chain management as some legacy boomer firm = less qualified lawyers = sh1t work.

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wearyattorney (Jul 4, 2018 - 4:57 am)

But an argument can be made that as moderately and above average intelligence people get trapped into the profession and as the supply increases, better quality for less price is obtained, no?

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whiteguyinchina (Jul 4, 2018 - 6:59 am)

actually quality of everything has gone down in last 20 years. includes services and goods.

if u r making less per file, u need to work more. therefore u spend less time on the file, and look to do other things.

not like since u have half the work, u spend twice as much on the work u do have.

its the uber fiver mcdonalds model. yea u can eat cheap but because there is more quantity doesnt mean quality has improved.

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fettywap (Jul 5, 2018 - 9:32 am)

I don't think most lawyers are suffering. Most lawyers are doing very well. The price of legal services has stayed about the same with a slight increase in hourly rates every few years.

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dandydan (Jul 5, 2018 - 9:59 am)

In regard to increased supply, I noticed an uptick in smaller law firms promoting themselves as high-end boutiques. It seems that 10 or 20 years, lawyers who burnt out of biglaw would go to a small law firm that pays decently and move up within the firm. These days, there is more competition within those smaller firms and the pay has dropped significantly. As a result, these lawyers start these firms and market themselves as highly-skilled lawyers who have biglaw credentials yet will charge you senior associate fees. Often, they are virtual firms. Many market themselves as being the same as biglaw.

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flharfh (Jul 5, 2018 - 7:39 pm)

Obviously it varies based on the market and practice area, but I think the market is saturated in a lot of consumer-facing practice areas (criminal, family, Plaintiff's PI, etc) so that competent lawyers are charging the minimum amount required to keep the doors open and pay themselves a reasonable salary. So in that sense, yes.

But lawyer overproduction (especially from bad schools) is so significant that there are a lot of incompetent practitioners out there who will do work cheaply but very badly, so for consumers it's a double edged sword. I think overall the nation would be much better off if the bottom quarter of law schools closed. Consumers might have to pay a little more but they would have a much better chance of getting good work product.

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