S Supreme Court Justice Antonin Scalia said, “...there are too with our legal system and many lawyers in the United everyone in America knows it. States...” He went on to say, “I do not What does this have to do with mean to criticize lawyers, just the real estate and using Land need for so many lawyers. Lawyers Trusts to hold title to investment do not dig ditches or build real estate... a lot. I think that buildings. When a society h T e r A Something is definitely wrong o o T e er lawyers serve a valuable requires such a large service to our society. In fact, I number of its best minds to use a lawyer in every one of my conduct the unproductive real estate transactions (to enterprise of the law, protect my interest with an something is wrong with insured closing). But, Justice the legal system.” Scalia has a point. n a M y L aw r e y n i s U e th e t i n ta S d ? s te Some say that there are more lawyers in law school right now than current practicing attorneys. And that the United States has 95% of the lawyers in the world! The Illinois Bar Journal says that over the next ten years the USA will graduate 60% more lawyers than there will be legal jobs available to them. How are all these multitude of lawyers going to make a living? I predict that lawyers are going to find new and creative ways of suing people like us (real estate investors). After all, real estate investors hold title to hard assets. Lawyers want to know that they can collect after winning a lawsuit against someone. Therefore, real estate investors that hold title to their investments in their own name are easy prey for the contingency fee lawyer.