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Detail
ArtikelThe Case Against Clones; America's Legal Industry  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 406 no. 8821 (Feb. 2013), page 53-54.
Topik: Law Firms; Regulation; Investment; Litigation
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.75
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikel Jacoby & Myers embodies what many people dislike about American lawyers. The firm solicits new clients with advertisements which tantalise people with dreams of huge payouts. "Remember that guy? Who came in second at the last New York Marathon? Neither do we. Winning is everything," boasted one of its commercials in 2011 (though the firm settled the vast majority of cases before a verdict). Jacoby & Myers was a pioneer in fighting in the 1970s for lawyers' right to advertise. Today, the firm is trying to win another suit to change the rules of America's legal industry, which generated revenues of $261 billion in the 12 months to September. If successful, the suit would allow non-lawyer investors to put money in a law firm--first in New York, New Jersey and Connecticut, which Jacoby & Myers has picked as a target, and then probably elsewhere. The arguments in the case are well-rehearsed--and self-interested. Jacoby & Myers says that the existing rules violate its freedoms of speech and assembly.
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