Michael wrote: >Do lawyers really limit transactions costs. I thought that >they maximized billable hours.
They _do_ limit transaction costs... if you count resultant contractual
law suits as part of transaction costs.
It's a kind of mafia protection racket... "Let me vet your contract, so
that I don't help the other party sue you after the fact."
But that's just one way of looking at it...
Ken.
--
The Bible is probably the most genocidal book in our entire canon.
-- Noam Chomsky
