A New Analysis of the Market for Legal Services. The Lawyer, homo œconomicus or homo conventionalis?

Frank Bessis & Camille Chaserant
The current movement of deregulation of professional services in Europe rests on the idea that reducing professional regulation will increase market competition and lead to cut prices for customers. Studying liberalization of the market for legal services, we assume that competition relates much more to quality than to the sole prices. Endorsing the perspective of economics of convention, we show that the profession of lawyer overlaps with a diversity of autonomous and dis-tinct logics that...
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