The price of legal services
Kern, Christoph A.
The price of legal services - 2018.
79
The price of legal services is, on the one hand, an important factor with respect to access to justice. On the other hand, the offer and its quality depend on the price of these services. For those seeking legal advice and representation, it is difficult to determine the quality of the services that they receive. They can, of course, appraise the availability of their lawyer as well as the length of the briefs and the beauty of the offices and the stationery. They can also easily ascertain whether they have won a case or not. However, it is difficult for them to know whether the services in a strict sense, i.e. the reliability of advice and the weight of arguments, as well as their presentation, best serve the client. For this reason, market forces govern the relationship between price, offer, and quality only to a very imperfect degree. Taking into account the importance of legal services for any society, legislatures have been trying for centuries to guarantee, at the same time, an affordable price and an offer of acceptable quality. At first sight, new technology could reduce the price and thereby dissipate all related concerns. However, they raise questions not only with respect to quality but also with respect to the development of prices in the long run, taking into account the tendency to create new monopolies.
The price of legal services - 2018.
79
The price of legal services is, on the one hand, an important factor with respect to access to justice. On the other hand, the offer and its quality depend on the price of these services. For those seeking legal advice and representation, it is difficult to determine the quality of the services that they receive. They can, of course, appraise the availability of their lawyer as well as the length of the briefs and the beauty of the offices and the stationery. They can also easily ascertain whether they have won a case or not. However, it is difficult for them to know whether the services in a strict sense, i.e. the reliability of advice and the weight of arguments, as well as their presentation, best serve the client. For this reason, market forces govern the relationship between price, offer, and quality only to a very imperfect degree. Taking into account the importance of legal services for any society, legislatures have been trying for centuries to guarantee, at the same time, an affordable price and an offer of acceptable quality. At first sight, new technology could reduce the price and thereby dissipate all related concerns. However, they raise questions not only with respect to quality but also with respect to the development of prices in the long run, taking into account the tendency to create new monopolies.
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