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Date Posted: 13:29:13 02/09/17 Thu
The difference is that, in the case of most occupations, if there is a surplus of labor, the price of that labor comes down. Consumers can choose to consume more of that lower priced labor and there is a net benefit for society. At a minimum, the impact of more supply is neutral, as in the case of more sports analysis for fans to read.
In the case of lawyers, when there is a surplus of practitioners, to keep food on the table, they need to start finding people to sue and legal actions to pursue. Between making defendants miserable and jamming up the courts, the entire system works more poorly.
Lawyers are literally one of the very few occupations where, when there is an oversupply of labor, there is a net decrease in value for the economy and society.
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