I lived in the States for 18 years. During that time I completed my schooling at NYU and Columbia University and my first 10 years as an entrepreneur. Overall I loved living in NYC, this city has some of the best universities and most remarkable entrepreneurial opportunities in the world. Everything is there. Unfortunately everthing includes a serious impediment to business: expensive American law firms. Americans called Europe beaurocratic and that is true. But at least European beaurocracy is mostly free. American beaurocracy comes in the shape of law firms and it´s outrageously costly. Lawyers in America are as priviledges as members of the Communist Party of China: they are people who walk around charging $400 an hour to talk to each other while they make rules for all the rest of us to live by.

But wait, there´s hope for this abuse and it´s in India. Some American entrepreneurs have realized that the “knowledge” that American lawyers have can easily be replicated in India and there are now people in India who are receiving an American Legal Education. Imagine the education institutions now focus on turning out amazing software engineers coming up with a new training, American Law and graduating lawyers who can do most of the legal work that needs to be done supported by a few coordinators in America who yes, could bill $400 an hour but for very very few hours. And after that, how would you like to have Indian lawyers trained in American law working for you over the net at $10 an hour? Well, it´s coming. Soon one of the most important useless drains of cash for American businesses will stop… in India.

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

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Javier on June 15, 2005  · 

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