Silk Cut

Peter Reeve, himself an experienced lawyer, says that the whole process for selecting and appointing the UK's top barristers -- Queen's Counsel -- is both antiquated and against the public interest. The legal profession is one of the country's poshest but most effective trade unions, and its top echelons have proved skilled and successful at protecting their restrictive practices through the assaults of various governments. But their monopoly restricts the numbers of those with access to this spurious qualification, and in effect sets up a pricing ring that raises the costs of the court system and prices many people out of access to justice.

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Competition or Regulation? - An Alternative Approach to Investor Protection

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