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jer979
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Blockchain Theory
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TL;DR- crypto-tokens will disintermediate bad lawyers, enabling value to rise to the top. There was an interesting article in the Wall St. Journal a while back about how the “bottom of the legal barrel” gravitates towards immigration law. (Immigrants need better protection–from their lawyers is the title and it’s behind a paywall). https://www.wsj.com/articles/immigrants-need-better-protectionfrom-their-lawyers-1511730450 When you think about it, it makes sense. It’s almost predatory lawyering. Immigrants looking for legal help are in a tough bind to begin with and in a very poor power position. One of the remedies that the author suggested was that since “the Justice Department already tracks lawyers practicing in immigration court by number. It should begin to collect, crunch and disclose their case outcomes. This would arm immigrants with the information they need to select competent counsel. It might also flag the fraudsters for state bar associations.” You know where this is going. Why trust the Justice Department, a centralized entity to track this? Why not have a decentralized protocol that does it? When the lawyer takes the case, the client attests that he is, in fact, a client for that lawyer. He also attests that his case is docket # 12345567 or whatever. Then, he can attest (as can the judge, bailiff, court reporter, etc.) as to the outcome of the case. That “legal performance token” becomes an easily verifiable, immutable source of the truth about a lawyer’s performance in cases. This protects immigrants (and everyone else) from fraudsters and people claiming better results than they deliver. Put this on the Blockchain Disruption Alert List: Bad Lawyers.

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