Deregulated Lawyers and Regulatory Spread

by Chidem Kurdas

In their new book, First Thing We Do, Let’s Deregulate All the Lawyers (Brookings Institution Press, 2011),   Clifford Winston, Robert W. Crandall and Vikram Maheshri reach the surprising conclusion that America has too few lawyers rather than too many. They make a strong case but it raises a major question.