For those of you who thought that my recent post on Goldman Sachs was controversial you will no doubt decide that I have certifiably lost my mind to come to the defense of lawyers. Of all the undeserving species that roam the earth none is as commonly reviled as Lawyer Americanus.

As many of you know I started professional life (some would argue life itself) as a lawyer and I confess to having liked the education the practice and many of my colleagues. But yet the profession is often viewed as loathsome. Why is this I have often asked myself?

I think the following often-heard refrain reveals a good part of the answer: "My lawyer is great but [my wife’s/the other side’s] attorney is impossible." Well of course she is; she is supposed to be. We like our representative to raise the tough issues we would prefer to duck but we seldom complain that our counsellor is overly focused on protecting us from a variety of things that can and do go wrong.

So why all the lawyer jokes? I think it is because we like to believe that we live in a better and safer world than is in fact the case. In business we like to pretend that every issue can be "win-win" and we utter platitudes like "one plus one equals three in this merger." How often have I heard the complaint from some high-minded CEO: "my counterpart and I had it all worked-out and then the damn lawyers got involved and screwed it up." Typically a quick review of the facts would reveal that the two CEOs had in fact reached some very squishy 60000 ft understanding and then their respective legal teams (who have no doubt been up two nights in a row working on the details) forced them to answer questions such as what happens to the agreed price of the all-stock deal if the share price of one of the parties suddenly plummets or who should bear the risk and costs if the antitrust authorities object to the combination.

Lawyers are a pain in the ass because life can be a pain in the ass.

Most of the lawyers I know and I readily admit they include more big firm attorneys judges general counsels and law professors are kind decent people who were often attracted to the law in the first place by an enhanced sense of fairness or justice and who will listen and respond to rational argument. There are also a certain number of moral retrobates who prey on the weak and the innocent and produce nothing of socially-redeeming value while billing at a high hourly rate but in my experience they are generally the exception.

I have tended to keep these thoughts to myself over a career now split about equally between time working as a lawyer and time working as a manager. However for the last two years I have had the good fortune to be reunited with the law through the Legal business of Thomson Reuters. We employ so many attorneys to produce and support our services for legal professionals that we would count among the 20 largest law firms in the US. This has given me not just the excuse but the obligation to get back in touch with the people and substance of my professional roots and this has been both rewarding and enjoyable.

So the next time you feel ready to garrotte "the other guy’s" lawyer just ask yourself the question whether it is not her principal you should strangle instead and reflect on whether this highly ritualized form of battle is not preferable to the law of the jungle