Market competition disciplines lawyers more than bar association sanctions

Evidence

The behavior of legal professionals is substantially regulated by market reputation, so that the simple market discipline of competition may be far more important than is sanctioning by bar associations. — Russell Hardin, Trust and Trustworthiness, 852

Categorization

  • XREF: connects to: Lawyer discipline is rare relative to complaint volume and lenient toward infractions — Lawrence M. Friedman and Grant M. Hayden, American Law: An Introduction, 1288; Loose bar admission made law a channel of upward mobility — Lawrence M. Friedman, A History of American Law, 1816; The market for legal services disciplined entry when formal bar strictures collapsed — Lawrence M. Friedman, A History of American Law, 1893 (+1 more)