Economy
Why 1% more skill can win 99% of contracts
HERE’S THE INTERESTING PART
In a regular market, a slightly better plumber makes slightly more money. In a winner-take-all market, the lawyer who is mathematically 1% better than their peers takes 99% of the massive corporate contracts. The microscopic difference in skill leads to a completely disproportionate avalanche of wealth, leaving average practitioners fighting over scraps.
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