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To: okie01

Another significant issue is the growth of the legal industry and its impact on business. When I started in business, it was still possible to seal a deal on a handshake. Both parties staked their word and honor on living up to the agreement.

Today almost every agreement is written and reviewed by teams of lawyers. Even when agreement is reached and the papers are signed, one or the other party will often use its legal staff to reinterpret the meaning of the language in the document or wiggle out of conditions it finds no longer to its liking.

The legal profession is the antithesis of ethics. It enables dishonorable conduct and the breakdown of trust in commerce and in society.


27 posted on 02/12/2009 5:23:03 PM PST by Soul of the South (When times are tough the tough get going.)
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To: Soul of the South
Another significant issue is the growth of the legal industry and its impact on business. When I started in business, it was still possible to seal a deal on a handshake. Both parties staked their word and honor on living up to the agreement.

A very valid addition to the list.

The legal profession has fostered a business culture where illegal conduct is artfully avoided...while unethical conduct is encouraged.

29 posted on 02/12/2009 5:40:46 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
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