Law is a set of rules created and enforceable by social or governmental institutions to regulate behavior. Its precise definition is a matter of longstanding debate, and it has been variously described as a science and an art.
Holmes’s ontological understanding of law provides a framework for understanding its nature and functions. It explains how laws are not merely “professed, recognized, or enforced,” but rather constitute bets on expected outcomes. Because law cannot mandate behaviours that are unattainable or force people to do things beyond their capabilities, it is a system of probabilistic rules that can only be verified by observing its effects.
Those who participate in the process of law make predictions about how a given situation will unfold, based on their past experiences (broadly defined to include first hand encounters and stories). These predictions are called experience flow, and they provide the basis for law. As the experience flow changes, so does the probability estimate. The result is a continuously updated probabilistic structure, known as law.
Careers in Law offer plenty of room for growth, especially if you are prepared to work hard and put your best foot forward. Moreover, working in Law gives you the opportunity to meet powerful people all the time, including judges and politicians. This is a great way to expand your network and improve your chances of getting promoted in the future. Besides, you can expect to earn more than you would working in a menial job somewhere else.