Lawyers, Taxi Drivers, and the Collaborative Economy, Oh, My

Mark A. Cohen, CEO of Legal Mosiac, compares lawyers and cab drivers, in this post at Bloomberg BNA's Legal Communities Blog.

Mr. Cohen begins:

Lawyers and cabbies have several things in common: (1) if their meter is not down, they are not generating revenue; (2) most cabbies don’t own their medallions, and the vast majority of attorneys are not equity partners in their law firms; (3) both groups operate in economic models that are strikingly similar: owners benefit when their ranks of cabbies — or lawyers — are working “with their meters down” and (4) statistics show that lawyers and cab drivers have disproportionately high rates of drug abuse, alcoholism, depression, and a host of other maladies. And as if that’s not enough, there’s something more to heap on: Uber.