The mechanism, from the book
The proof exists in Malabe. What is missing is a thousand small versions of it.
Every idea in cluster 15 uses this mechanism.
A first step
Offer three solicitors' firms in Britain a free trial of one defined task, such as document review or drafting a standard contract from their template, returned within 48 hours. Ask each for a written assessment of the work and the price they currently pay for that task. The assessments and the price gap tell you whether a legal-process firm here can win the work.
- Who pays first
- A small common-law firm abroad that pays high rates for document review and drafting, and will pay less for the same work done well here.
- What leaves today
- Lawyers trained in the common law here work for local fees or emigrate, while firms abroad pay far more for the same routine legal work.
The idea and the mechanism are from the book. The first step was written for this site as a suggestion; if you know a better one, say so.
The test
Does it keep value that now leaves the island, or build the proof that lets somebody else do so?
The only test any idea on this site has to pass. The four rules that go with it are here.
In the book
- Ch. ThreeWhat We Have Already Built
The stock exchange in Malabe
More from cluster 15
- 296Remote-work hubs in Kandy, Galle and Jaffna with fibre, power and a lawyer who knows the tax
- 297A Sri Lankan software product, not a services firm: one tool, sold by subscription to the world
- 298Accounting and bookkeeping outsourcing for small British and Australian firms, in their time zones
- 300Typing up doctors' notes and reading scans for foreign hospitals, overnight, to their standard
- 301Architecture and engineering drafting services for firms in the Gulf and Europe
- 302Video editing, animation and game art studios selling to studios abroad
Idea 299 of the 500 in the appendix of Why Not Sri Lanka? Every one can be started by one person, one family or one small firm.
