Someone studied their economics.

Farnsworth concludes with a question:

But probably the most interesting question for my current audience is this: to what extent are lawyers professional rent seekers, and to what extent are they something more worthy of admiration and encouragement?

The answer to that depends on what kind of law they practice. The non-parasitic type of lawyer can help businesses succeed, help advance policies which advance economic growth, or (possibly by teaching) help train young lawyers to see the wisdom of not falling into the "rent seeking" trap.

This piece by Stephen Bainbridge made me realize that lots of parasitic lawyers will soon be waking up to the fact that Global Warming looms large as another rent seeking scheme:

trial lawyers are gearing up to turn global warming into their next pot of gold.