In addition, it could be useful for legal professionals to review the Audit Guide in full and check the application of these principles to their own practices record-keeping and document management insurance policies. Many small legal practices would most likely uncover that they should make some enhancements. In that means, they could have a much easier time if the agency is subject to a tax audit. Although attorneys certainly shouldn’t worry the IRS, they might be nicely advised to prepare for such interactions.Robert W. The most outstanding economic analyst of law is 1991 Nobel Prize winner Ronald Coase, whose first…