US Legal Profession Surges to 1.3 Million Active Lawyers

As of January 2024, there were approximately 1.3 million active lawyers in the United States serving a population of about 350 million, a significant increase in both absolute numbers and lawyers per capita compared to 1900. In corporate law, the doctrine of corporate estoppel is essential to ensuring that entities misrepresenting themselves as corporations cannot evade liability, and those transacting with such entities cannot later deny their obligations, promoting fairness and good faith in business dealings. This doctrine, exemplified in the Revised Corporation Code of the Philippines, holds persons acting without corporate authority personally liable and prevents denial of corporate capacity in legal disputes. Other articles not directly related to these legal topics, such as digital reprint pricing and general workforce or financial news, were not included in this summary due to their unrelated content.