This from the Harvard Law school. “We identify the educational background of about 3,500 CEOs paired to nearly 2,400 publicly-traded firms in the S&P 1500. In this sample about 9 percent of CEOs have law degrees. This non-trivial number of lawyers in top executive positions that are customarily held by individuals with business degrees suggests that legal training has value in the executive labor market.” Really, 9% is value?
I’m guessing you pegged that much higher, correct?
Why are only 9% CEO’s? Because lawyers make lousy CEO’s. They lack vision, they lack statistical acumen, they aren’t good leaders, they get mired in what they do best parse words and create and interpret law. Explains why President Trump is creating an environment that makes this country great while the Congress is trying to impeach him.
Corporations tolerate lawyers as a necessary part of staff to avoid lawsuits.
Now, let’s look at politics: ( anonymous source)
“Lawyers in our political system
Every Democrat presidential nominee since 1984 went to law school (although Gore did not graduate).
Every Democrat vice presidential nominee since 1976, except for Lloyd Bentsen, went to law school.
Barack Obama was a lawyer. Michelle Obama was a lawyer
Hillary Clinton was a lawyer. Bill Clinton was a lawyer.
John Edwards is a lawyer. Elizabeth Edwards was a lawyer.
Look at leaders of the Democrat Party in Congress:
Senate Minority leader Chuck Schumer is a lawyer.
Ex-Senator Harry Reid is a lawyer.
The Republican Party is different.
President Trump is a businessman.
President Bush 1 and 2 were businessmen.
Vice President Cheney is a businessman.
President Eisenhower was a 5 star General Officer.
President Reagan was a movie star & 2-time Governor.
Unfortunately President Nixon was a lawyer!!
The leaders of the Republican Revolution:
Newt Gingrich was a history professor.
Tom Delay was an exterminator.
Dick Armey was an economist.
Ex-House Minority Leader Boehner was a plastic manufacturer.
The former Senate Majority Leader Bill First is a heart surgeon.
Who was the last Republican president who was a lawyer?
Gerald Ford, who left office 31 years ago and who barely won the Republican nomination as a sitting president, running against actor Ronald Reagan in 1976. The Republican Party is made up of real people doing real work, who are often the targets of lawyers.
This is very interesting. I never thought about it this way.
The Democrat Party is made up of lawyers. Democrats mock and scorn men who create wealth, like Trump, Bush and Cheney, or who heal the sick like First, or who immerse themselves in history like Gingrich. The Lawyers Party sees these sorts of people, who provide goods and services that people want, as the enemies of America.
And, so we have seen the procession of official enemies, in the eyes of the Lawyers Party, grow.
Against whom do Hillary and Obama rail? …Pharmaceutical companies, oil companies, hospitals, manufacturers, fast food restaurant chains, large retail businesses, bankers, and anyone producing anything of value in our nation.
This is the natural consequence of viewing everything through the eyes of a lawyer. Lawyers solve problems by successfully representing their clients, in this case the American people. Lawyers seek to have new laws passed, they seek to win lawsuits, they press appellate courts to overturn precedent, and lawyers always parse language to favor their side. Confined to the narrow practice of law, that is fine. But it is an awful way to govern a great nation.
When politicians, as lawyers, begin to view some Americans as clients and other Americans as opposing parties, then the role of the legal system in our life becomes all-consuming. Some Americans become adverse parties of our very government. We are not all litigants in some vast social class-action suit.
We are citizens of a republic that promises us a great deal of freedom from laws, from courts, and from lawyers. Today, we are drowning in laws; we are contorted by judicial decisions; we are driven to distraction by omnipresent lawyers in all parts of our once private lives.
America has a place for laws and lawyers, but that place is modest and reasonable, not vast and unchecked. When the most important decision for our next president is whom he will appoint to the Supreme Court, the role of lawyers and the law in America is too big. When House Democrats sue America in order to hamstring our efforts to learn what our enemies are planning to do to us, then the role of litigation in America has become crushing.
Perhaps Americans will understand that change cannot be brought to our nation by those lawyers who already largely dictate American society and business. Perhaps Americans will see that hope does not come from the mouths of lawyers but from personal dreams nourished by hard work. Perhaps Americans will embrace the truth that more lawyers with more power will only make our problems worse.
The United States has 5% of the world’s population and 66% of the world’s lawyers! Tort (Legal) reform legislation has been introduced in Congress several times in the last several years to limit punitive damages in ridiculous lawsuits such as spilling hot coffee on yourself and suing the establishment that sold it to you and also to limit punitive damages in huge medical malpractice lawsuits. This legislation has continually been blocked from even being voted on by the Democrat Party.
When you see that 97% of the political contributions from the American Trial Lawyers Association go to the Democrat Party, then you realize who is responsible for our medical and product costs being so high.”
Basically, the US has a surplus of lawyers with 66% of the world’s attorneys. They can’t make a living practicing law. What do they do? Go into politics. The one’s who fare the worst trying to make big money practicing law. So, we get the dregs as politicians and they find ways to stay in politics forever and become millionaires.