They have, let’s not call it a union to not upset people, but let’s say a collective agreement that they won’t work for capital. They will only work for other lawyers. So there’s no Walmart Law or other enterprise selling legal services for cheap.
I'm trying to parse the idea of "a collective agreement" but can't fully wrap my head around how that would work.
It seems to me more like the lack of a "Walmart Law" is a result of e.g. lack of economies of scale and other economic structure, rather than some collective agreement. (If it was profitable to break out of that agreement and start a "Walmart Law", it seems we'd see that happen pretty quickly?)
But if you know more about this and I'm off the mark I'd love to learn
samvher|1 year ago
It seems to me more like the lack of a "Walmart Law" is a result of e.g. lack of economies of scale and other economic structure, rather than some collective agreement. (If it was profitable to break out of that agreement and start a "Walmart Law", it seems we'd see that happen pretty quickly?)
But if you know more about this and I'm off the mark I'd love to learn
songshu|1 year ago
HDThoreaun|1 year ago