Lawyers: Looking Backward?

In the course of piling up a $50 million fortune, Ohio Businessman Edward Lamb has drifted farther and farther away from his first profession—the law. Last week, in a speech at the Harvard Business School, Lamb offered an explanation of sorts: "The importance and influence of the legal profession in the United States and elsewhere is rap idly declining." The lawyer, said sometime-Lawyer Lamb, is being supplanted in power and influence by the professional manager. "In my opinion, the American and international leaders of the future will come increasingly from our schools of business administration and less and less...

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