[CPLX]

Because lawyers occupy a quasi-public role in our legal system. They aren’t entirely separate from the system itself. The legal system depends on the enforcement of ethics and responsibility in a way that might be incompatible with a purely profit motive.

This point is arguable of course. On one hand legal services are expensive and often inaccessible for many. On the other hand more aggressive competition and consolidation has absolutely ruined society in a couple situations, medicine being the obvious example.

So there’s more than one point of view on this.

[abdullahkhalids]

Bits About Money says similar things about banks: "A recurring theme of this column is that banks are privately funded public infrastructure." [1]. So laws around them are quite strict and different from regular companies.

[1] https://www.bitsaboutmoney.com/archive/why-is-that-bank-bran...