Quote:
Originally Posted by MikeWaters
Production of lawyers (and doctors for that matter) is NOT governed by supply and demand.
You have a lot to learn.
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Of course I do. But at least I realize that.
So, being unlearned as I am, I am anxious to hear why lawyers (and doctors, for that matter) enter their fields if not for the profits they anticipate earning, or how many would stay in their fields if those profits were removed. And since I am under the quite possibly mistaken impression that profits dictate how many people will enter into a certain line of work, I look forward to learning what dictates what kinds of profits one might expect, since supply and demand are apparently not the forces at work. I'd also appreciate it if somebody could explain to me why the most common means of compensating for hyper-saturation in a line of business, insufficient profits, does not apply to lawyers.