Blogs to generate $2 Billion in new legal fees?

Blogs may be generating a lot of new income for lawyers who do not even have blog.

This from Memphis attorney Mark Field in an article on blogs in the Memphis Commercial Appeal:

If you have a blog and you start linking to new sites, you have to ask yourself if you have a right to do that linking. In order to avoid violating someone’s copyright, it’s a good idea to have a linkage agreement in place.

20 million blogs at $100 bucks per linkage agreement (that ought to cover phone calls, correspondence and negotiations with the likes of the NY Times or Time Warner – assuming you can find the head of linkage agreements). $2 billion in legal fees for linkage agreements. Where do we all sign up?

Or could it be that this lawyer is just out of touch with reality.