With others, Bill introduced a new first - year course at the IU School of Law in 2009 called The Legal Profession, a mandatory four - hour course that covers the ethics, competencies, and
economics of the legal profession.
The Carnegie Report was soon followed by the econalypse of 2008, which has had a profound impact on
the economics of the legal profession.
There are some reasonable critiques that can be leveled at the shape of legal education and its costs and there are clearly important changes going on in
the economics of the legal profession.
This mandatory four - hour course covers the ethics, competencies, and
economics of the legal profession.
Over at The Legal Whiteboard blog, Professor Bill Henderson, a leading scholar in
the economics of the legal profession, has a blog post that law students may find interest.
Not exact matches
The existence
of articling crisis in Ontario is not some kind
of Jedi mind trick — it is a real and immediate issue created by a large - scale shift in the
economics and globalization
of the
legal profession and schooling.
One is we continue to be concerned about the devastatingly low utilization rate we see in the
legal profession which is on average around 25 % which means that the average lawyer, if they're working an average eight - hour workday is actually only getting around two and a quarter billable hours out the door everyday which just makes the
economics of running a law firm very, very challenging.
She also argues that a report commissioned by the Law Society from the consultants Oxford
Economics «shows the fragility
of the
profession» and the decreasing spend on criminal
legal aid which means she believes that there is no «need for any cut».
The group publishes surveys on the
legal profession focusing primarily on the
economics and management
of law firms.