Book · An Inquiry into the Wealth of Nations
Page 275 of 2651
Author: Adam Smith
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The counsellor at law, who, perhaps, at near forty years of age,
begins to make something by his profession, ought to receive the
retribution, not only of his own so tedious and expensive
education, but of that of more than twenty others, who are never
likely to make any thing by it. How extravagant soever the fees
of counsellors at law may sometimes appear, their real
retribution is never equal to this. Compute, in any particular
place, what is likely to be annually gained, and what is likely
to be annually spent, by all the different workmen in any common
trade, such as that of shoemakers or weavers, and you will find
that the former sum will generally exceed the latter. But make
the same computation with regard to all the counsellors and
students of law, in all the different Inns of Court, and you will
find that their annual gains bear but a very small proportion to
their annual expense, even though you rate the former as high,
and the latter as low, as can well be done.
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