I noticed that too. What could DC possible add to the GDP
I believe that the answer to that question is "yes". Also, lawyers tend to be very compensated, and DC has a great number of them.
I think it might be more accurate if we subtracted "legal activity" from our GDP calculations rather than adding it, since I think that a large part of what these lawyers do does indeed subtract from our productive capacity.
Even more consternating is to consider that we are producing more lawyers than ever before. We are up to 512,070 lawyers (BLS) right now; looking at the total number of people involved in legal services (judges, paralegals, etc.) for the last ten years:
Series Id: CEU6054110001 |
|||||||||||||
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1994 | 963.4 | 963.6 | 963.6 | 963.9 | 962.3 | 980.1 | 980.5 | 971.5 | 957.5 | 958.9 | 961.3 | 960.6 | 965.6 |
1995 | 955.7 | 955.0 | 956.0 | 954.4 | 952.3 | 974.0 | 971.7 | 965.9 | 954.0 | 955.2 | 957.5 | 958.9 | 959.2 |
1996 | 955.2 | 957.9 | 960.9 | 959.1 | 961.4 | 982.7 | 984.8 | 978.4 | 963.2 | 968.6 | 973.9 | 974.7 | 968.4 |
1997 | 972.6 | 973.0 | 976.4 | 978.8 | 979.6 | 1000.3 | 1004.1 | 995.2 | 985.1 | 988.9 | 995.3 | 1000.5 | 987.5 |
1998 | 997.4 | 999.8 | 1004.1 | 1006.1 | 1010.4 | 1034.4 | 1040.4 | 1032.9 | 1023.0 | 1030.9 | 1034.7 | 1038.8 | 1021.1 |
1999 | 1034.5 | 1037.0 | 1040.1 | 1043.0 | 1044.4 | 1067.5 | 1068.4 | 1060.5 | 1049.7 | 1053.1 | 1058.3 | 1059.9 | 1051.4 |
2000 | 1056.6 | 1053.8 | 1054.4 | 1052.0 | 1054.3 | 1084.4 | 1084.1 | 1075.4 | 1064.8 | 1067.3 | 1069.6 | 1072.1 | 1065.7 |
2001 | 1068.9 | 1071.2 | 1074.4 | 1074.9 | 1083.4 | 1109.5 | 1110.8 | 1104.2 | 1093.0 | 1097.0 | 1102.4 | 1105.3 | 1091.3 |
2002 | 1099.6 | 1099.8 | 1100.8 | 1098.8 | 1106.7 | 1125.9 | 1127.6 | 1122.4 | 1116.3 | 1126.9 | 1129.1 | 1129.6 | 1115.3 |
2003 | 1122.8 | 1127.7 | 1130.9 | 1130.5 | 1133.4 | 1152.6 | 1148.6 | 1137.8 | 1129.5 | 1139.8 | 1145.5 | 1142.4 | 1136.8 |
2004 | 1131.0 | 1132.3 | 1131.8 | 1134.4 | 1136.9 | 1162.3 | 1163.8 | 1150.2 | 1145.9(p) | 1149.0(p) | |||
p : preliminary |
shows that this is a popular and growing field of endeavor.