Showing results for: “ribstein”
Some thoughts on in-house lawyers
Those attending the Wisconsin in-house counsel conference this weekend (kudos to Jonathan Lipson for a well-organized and comprehensive program) got a great overview of the problems and opportunities facing the lawyers who work inside corporations. Here’s some brief observations. As previously reported, my own contribution focused on how technology might significantly affect in-house lawyers’ work, ... Some thoughts on in-house lawyers
The NYT on law teaching
The NYT brings another David Segal story on legal education. Today’s sermon: law schools don’t teach “lawyering.” Boiling away the overheated journalism, here’s the indictment: Law profs are richly paid for writing mostly useless law review articles rather than “the essential how-tos of daily practice.” Students study cases about contract law but not contracts. Clinics ... The NYT on law teaching
Why do insiders trade illegally?
Not, as economic theory would predict, because they need the money, according to Bhattacharya and Marshall, Do They Do it for the Money? Here’s the abstract: Using a sample of all top management who were indicted for illegal insider trading in the United States for trades during the period 1989-2002, we explore the economic rationality ... Why do insiders trade illegally?
Crowdfunding
Should you have to do a costly SEC registration and work through a registered broker-dealer just to raise a little money for your start-up? Today’s WSJ covers so-called “crowd-funding.” It tells of a guy who raised $41,000 from 17 investors. The business has done well, but the website it used was ordered to stop doing ... Crowdfunding
Teeth-whitening and the law
Teeth whiteners are joining the struggle against regulation. Prior posts have covered licensing of witches, horse teeth floaters, cat groomers, tour guides, taxicabs and, of course, lawyers. Now the WSJ reports that [d]entists are battling with spas, tanning salons and other nondental peddlers of pearly whites from North Carolina to New Jersey and, now, Connecticut ... Teeth-whitening and the law
TOTM goes to court
Last year I wrote here about Roni LLC v Arfa, which I cited as an example of the ”troubling lawlessness of NY LLC law.” In brief, the court sustained a non-disclosure claim based on “plaintiffs’ allegations that the promoter defendants planned the business venture, organized the LLCs, and solicited plaintiffs to invest in them” despite ... TOTM goes to court
Congressional insider trading
CBS is all hot and bothered about insider trading by Congress. Steve Bainbridge is not so sure it’s illegal. Neither am I, and I question whether it should be on policy grounds (see here, first published here). I suggest more disclosure, and reducing the opportunity for all kinds of corruption by having less law.
Filmmakers imagine finance
Margin Call is the best film to come out of the recent financial crisis. This is no polemic masquerading as a “documentary” (Inside Job) or good vs. evil melodrama (Money Never Sleeps). It is serious film, with superb acting, script, direction and photography, which uses the financial crisis as the realistic backdrop for a timeless ... Filmmakers imagine finance
The NYT on Romney @ Bain
A long front page article in today’s NYT tries to make political hay out of Romney’s time at private equity firm Bain Capital. The article supports the White House’s efforts to, as the article says, “frame Mr. Romney’s record at Bain as evidence that he would pursue slash and burn economics and that his business ... The NYT on Romney @ Bain
A financial perspective on the legal education market
Today’s WSJ offers an interesting perspective on the law school cost/student debt debate: from the folks who invest in student loans. According to the article, these guys say: Law school * * * can end up a sucker’s bet in periods of high unemployment U.S. has far more law schools than other professional schools, resulting ... A financial perspective on the legal education market
Where have all the IPOs gone?
Ritter, Gao and Zhu ask, Where have all the IPOs Gone? Well, not to young men everywhere, but to the older men and women who run the big companies that have replaced public markets as the key venture capital exit. Here’s the abstract: During 1980-2000, an average of 311 companies per year went public in ... Where have all the IPOs gone?
The jurisprudential significance of blogs
Gordon Smith notes that this issue came up at a Columbia conference on Delaware law and courts. He observes that the Glom gets a plug on a speaker’s slide. So I’ll mention that above the Glom on the pictured slide we find. . . Truth on the Market.
