An overeducated Baby Boomer I'm enough of an intellectual to find coverage about legal issues such as federal preemption compelling. But, in these volatile economic times, the hot story in law has become the [changing] business of law.
On this blog the posts on emerging business models, career paths, and reductions in force in law get the lion's share of the page views. And THE ECONOMIST for two weeks running has major articles on aspects of this business. This week THE ECONOMIST's focus is the billable hour which it doesn't view as quite the anchronism clients like Pfizer and Cisco might like to experience.
This is no surprise, of course. Since the Industrial Revolution, business has attracted the best minds in journalism. Now those minds will be engaged increasingly with the legal business part of capitalism.