The practice of law cannot be merely a business. If it is to serve its proper function it must recognise the importance of law and justice, and of the legal system, to a viable and healthy human society.
Having considered the path of specialization (in business law), I have opted for the generalist approach to the practice of law. One reason for this was the recognition of the fact that the seven highest judicial officers of the land are all, by necessity, generalist lawyers. The Justices of the High Court of Australia, but also most other judicial officers, must have competence in the law generally, even if they are specialists by training. To my mind this fact tends to support generalist legal practice.