COVID economic depression requires a new legal culture
Updated: May 19, 2020
Recent figures indicate that more than half of Americans are out of work, with 35 million workers entering the ranks of the unemployed. Many of the businesses that shut down after the lockdowns will not reopen. There is every indication that large numbers of people will face evictions, foreclosures, and bankruptcy. Many contracts will not be honored. The legal profession should adopt a new guiding philosophy to solve problems for both parties to a transaction while still faithfully representing client needs. The focus should be on achieving desired outcomes rather than particular methods, such as litigation. Court actions should be a last resort. Being sensitive to the issues at stake can allow attorneys to find equitable resolutions without wasting large sums on litigation.