This “nice charter” or Magna Carta of 1215 also required that the King’s entourage of judges maintain their courts and judgments at “a certain place” rather than allotting autocratic justice in unpredictable locations about the nation. A concentrated and elite group of judges acquired a dominant position in law-making under this technique, and compared to its European counterparts the English judiciary grew to become extremely centralised. In 1297, for example, while the highest court in France had fifty-one judges, the English Court of Common Pleas had 5. This highly effective and tight-knit judiciary gave rise to a systematised strategy of growing frequent law. Thomas Jefferson School of Law is a personal, non-profit law college, situated within the heart of downtown San Diego, California.
His second main article, The Problem of Social Cost , argued that if we lived in a world without transaction costs, people would bargain with one another …