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JAN 31, 2013 - The Economist

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America’s legal industry: The case against clones

JACOBY & MYERS embodies what many people dislike about American lawyers. The firm solicits new clients with advertisements which tantalise people with dreams of huge payouts. “Remember that guy? Who came in second at the last New York Marathon? Neither do we. Winning is everything,” boasted one of its commercials in 2011 (though the firm settled the vast majority of cases before a verdict).Jacoby & Myers was a pioneer in fighting in the 1970s for lawyers’ right to advertise. Today, the firm is trying to win another suit to change the rules of America’s legal industry, which generated ... Read More

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