@inbook{10.7864/j.ctt1261jp.10, URL = {http://www.jstor.org/stable/10.7864/j.ctt1261jp.10}, abstract = {We have argued that occupational licensing requirements for attorneys and restrictions on the organizational form of firms that can provide legal services have reduced competition in the legal profession, resulting in large costs and few benefits. Those costs have been expanded by inefficient public policies that have increased the demand for lawyers. Accordingly, we have recommended deregulation of the legal profession to spur competition that would enhance economic efficiency.From a distributional perspective, concern has developed in the past few decades about growing income inequality in the United States, which has been fueled by strong growth at the upper tail}, bookauthor = {CLIFFORD WINSTON and ROBERT W. CRANDALL and VIKRAM MAHESHRI}, booktitle = {First Thing We Do, Let's Deregulate All the Lawyers}, pages = {95--99}, publisher = {Brookings Institution Press}, title = {Toward Policy Reform}, year = {2011} }