Chapter 46: Ch 45 “Very Very Pretty Girl”

"Adventurers Guild is not the only organisation offering services of monster slaying or protection. Many such groups are offering their services for less than the Adventurers Guild but the problem with these unofficial adventurers is their reliability. Unlike the Guild, which recruits hundreds if not thousands of new members each year and has a large pool of powerful adventurers to send where others failed, the mercenary companies are not able to replace their ranks at such a fast pace but they are not bound by rules like in the Adventurers Guild imposes on itself. One of the most important rules is that adventurers of the Guild could not serve as pioneers nor be able to be paid in land. Such rules caused the Adventurers Guild to be less popular in the border countries with vast wilderness to settle and colonise."

Exert from "On Borders of Edor"