Quote:
Originally Posted by DJ FC
I will thoroughly respond to this tomorrow when I'm sober, but I don't have to be sober to tell you that when only one group of people is allowed to own stock in an industry and that industry is mandated to exist by law (which lawyers esentially are) that group is minted. Lawyers need to exist by law, the law requires that lawyers own law firms, and lawyers keep it that way. You guys should really be more like doctors, working hard for the big man earing what you deserve. Imagine what it would be like if the law said only doctors could own hospitals. Doctors would be king shit.
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"Lawyers" don't want to keep it as is, mostly because there is no single uniting ideology for such a diverse group.
The fact that lawyers are suing for the ability to sell equity in their firms makes it pretty clear that some lawyers would like to be able to sell equity in their firms.
Also laws aren't necessarily made by lawyers; whip up some public outrage, have some product of a political machine in a safe district introduce the bill, put a good sounding name like "the bill to prevent child rape and outside ownership of law firms", and boom, there is your law.