66 difficulties  in  the  Law  Commission  that  were  encountered  in  the  Women’s Access to Justice project.58 276.  Mr  Mel  Smith,  former  Deputy  Secretary  of  Justice,  told  the  evaluator  in  his written submission that: The composition of the Commission and its employees has, since its inception at Commissioner  level  and  almost  without  exception  at  the  employee  level,  been made  up  of  legally  qualified  people.    Obviously  one  would  expect  that  the discipline of law would be the predominant discipline.  There will be projects that are  really  “lawyers'  law”  but  the  majority  of  projects  I  suggest  are  not.    In  the majority  of  law  reform  projects  the  policy  issues  that  need  appropriate  research, analysis and development are much more comprehensive.  The reform process is I submit suffering badly through a lack of input within the Law Commission at both Commissioner and employee levels, of other skills and experience. 277.  The  experience  of  the  Securities  Commission  is  relevant  here.    The  Securities Commission's   1988   recommendations   for new   takeover   laws   were   never implemented.    Furthermore,  the  Takeovers  Act  1994  which  provided  for  the Takeovers  Panel  to  recommend  a  Takeovers  Code  turned  out  to  be  intensely political.   The Code was eventually deferred, after much internal debate within Government.    278.  There is a lesson to be learned from the experience.  The Securities Commission project  started  life  as  a  legal  proposal.    But  it  turns  out  the  fundamental arguments were economic in character.  That example highlights the need for an interdisciplinary approach.  Indeed, most regulatory proposals involve significant elements of both law and economics.    279.  The Securities Commission also has a law reform function.  It includes persons with legal, accounting, banking, business and sharebroking experience.  It has an economist   on   its   permanent   staff   as   well   as   highly   qualified   and   expert accountants.    280.  That experience is also pertinent to the Law Commission.   281.  It  is,  therefore,  recommended  that  the  Law  Commission  bring  greater interdisciplinary expertise to its deliberations.                                                    58   Joanne Morris, NZLC SP1, Women’s Access to Legal Services (June 1999).