That percentage can be dramatically reduced or almost eliminated. This site introduces the concept of Federal regulation of lawyers using a model currently applied to the futures industry. The model has proven itself successful over the past 30 years;and is easily adapted to any commercial enterprise. If site content stimulates an inner prompting to do something constructive, please pass it along to anyone that can use the ideas offered.
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A Superior Model for Legal Reform
A letter to CEO/National Futures Association
Site content partially evolved from a superior regulatory model currently used by the Commodity Futures Trading Commission and National Futures Association for regulating Commodity Trading Advisors and Commodity Pool Operators CFTC Part 4) Ideas are easily adapted to regulate lawyers in private practice. Link here to CFTC Part 4 Regulations in PDF
Some content on this site is property of the Commodity Futures Trading Commission and National Futures Association. Text below was taken from a letter sent to National Futures Association (NFA) Members on September 24, 2003.
"In 1981, the NFA received designation as a self-regulatory body for the futures industry, charged with maintaining the integrity of the marketplace and protecting the public investor. Over the past two decades, the NFA has earned a worldwide reputation as a unique type of regulator.
In the 20 years since NFA was founded, trading volume on the US Futures exchanges has increased by 400%. During that same time period:
• Customer complaints have decreased by more than 70%
• In the past 10 years, firm insolvency decreased by 93%
• Customer loss due to insolvency has decreased by 90%
Customer complaints to the Commodity Futures Trading Commission filed as formal reparation claims have also dropped. For example, in 1991 the Commission received 232 reparation complaints. In 2003 that number decreased to 91.
How reparation claims are resolved, reduce or eliminate any need for frivolous litigation. The CFTC's regulatory model and cooperative effort with the National Futures Association can be used to dramatically improve regulatory standards for:
Lawyers, Doctors, Alternative Medical Practitioners, or any industry involved with the public! (Just about everyone huh!) The Federal Government can easily establish regulatory commissions for each industry. All industry has trade associations. These associations are easily transformed into self-regulatory bodies. The complete system is spiritually and materially profitable.
Trade Association Listing from a Government Site
http://www.op.nysed.gov/national.htm
Simply stated, subtle corruption and ill intended white collar activities responsible for draining life from innocent people and skyrocketing costs can easily and quietly be revealed and eliminated. The quality of any service is dramatically improved in less time and at lower cost and risk for everyone involved.
Nothing on God's green earth can prove otherwise. The Universe 'promises and delivers' unlimited upside to any heart choosing the high road.
God Bless Everyone Seeking and Working for Constructive Change.