Why Are Lawyers So Expensive Even With The Excess Supply Of Lawyers?

Re:Why Are Lawyers So Expensive Even With The Excess Supply ... by simonbrown on Tuesday March 06, 2012 @04:05PM (#3672874)

Surely that's an opportunity for a new firm? The demand is obviously there (plenty of people don't see a lawyer for financial reasons), as is the supply (apparently).

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Re:Why Are Lawyers So Expensive Even With The Excess Supply ... by bane on Tuesday March 06, 2012 @04:25PM (#3672962)

There's a service that used to be called "Prepaid legal" with essentially a small retainer, and a minimum guarantee of services, with favorable rates when the service was used beyond that. It operated basically as a kind of legal insurance.

http://en.wikipedia.org/wiki/LegalShield

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Re:Why Are Lawyers So Expensive Even With The Excess Supply ... by puppop on Tuesday March 06, 2012 @04:33PM (#3673000)

Yes, some company offer that. Cheap, but you lose the case with cheap lawyers. Penny wise, pound foolish.

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Re:Why Are Lawyers So Expensive Even With The Excess Supply ... by isocpprar on Tuesday March 06, 2012 @05:15PM (#3673193)

Why do you think you automatically lose a case with cheap lawyers? If you are bringing a weak case against someone, then perhaps using high priced lawyers will be able to bully them into submission, but if the facts are with you, then a competent lawyer should be fine. If some are so bad that you will trivially lose, then perhaps the ABA/Bar has misrepresented their qualifications?

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Re:Why Are Lawyers So Expensive Even With The Excess Supply ... by puppop on Tuesday March 06, 2012 @06:18PM (#3673397)

You get what you paid for.

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