Let me explain…

There are just too many law schools churning out too many lawyers. The oversupply of recent JDs allows large law firms act as consumers of recent JDs. To use the tried but true factory metaphor, the big law firms essentially have a business model whereby the unit of input (the recent JD) is consumed to create the unit of output (client services). The dissatisfaction of young lawyers is nothing more than an externality of this mode of production.

My solution - restrict output. If supply of recent JDs were restricted, the law firm would be forced to abandon its role as a pure consumer and also invest in the development of recent JDs to full-fledged attorneys thereby addressing the aforementioned externality - recent JD dissatisfaction.

Who knows, maybe there is also a free ridership problem here as well (the big law firms unmitigated consumption of recent JDs is the equivalent of polluting the jurisprudential air)… yeah, let’s tax those big law firms to subsidize the little law firms!!!

but maybe I’m just a little too Marxist.