May 13, 2014
Cited by the Supreme Court...
(Thanks to Robert Condlin for the pointer.)
May 09, 2014
Corporate Practice Commentator's Top 10 Articles of 2013
The Top 10 Corporate and Securities Articles of 2013
The Corporate Practice Commentator is pleased to announce the results of its twentieth annual poll to select the ten best corporate and securities articles. Teachers in corporate and securities law were asked to select the best corporate and securities articles from a list of articles published and indexed in legal journals during 2013. More than 550 articles were on this year’s list. Because of the vagaries of publication, indexing, and mailing, some articles published in 2013 have a 2012 date, and not all articles containing a 2013 date were published and indexed in time to be included in this year’s list.
The articles, listed in alphabetical order of the initial author, are:
Armour, John, Bernard Black and Brian Cheffins. Is Delaware losing its cases? 9 J. Empirical Legal Stud. 605-656 (2012).
Bebchuk, Lucian A. The myth that insulating boards serves long-term value. 113 Colum. L. Rev. 1637-1694 (2013).
Bratton, William W. and Michael L. Wachter. A theory of preferred stock. 161 U. Pa. L. Rev. 1815-1906 (2013).
Choi, Stephen, Jill Fisch, and Marcel Kahan. Who calls the shots? How mutual funds vote on director elections. 3 Harv. Bus. L. Rev. 35-82 (2013).
Coates, John C. IV. Corporate politics, governance, and value before and after Citizens United. 9 J. Empirical Legal Stud. 657-696 (2012).
Gilson, Ronald J. and Jeffrey N. Gordon. The agency costs of agency capitalism: Activist investors and the revaluation of governance rights. 113 Colum. L. Rev. 863-927 (2013).
Grundfest, Joseph A. and Kristen A. Savelle. The brouhaha over intra-corporate forum selection provisions: A legal, economic, and political analysis. 68 Bus. Law. 325-410 (2013).
Klausner, Michael. Fact and fiction in corporate law and governance. 65 Stan. L. Rev. 1325-1370 (2013).
Langevoort, Donald C. and Robert B. Thompson. "Publicness" in contemporary securities regulation after the JOBS Act. 101 Geo. L.J. 337-386 (2013).
Rock, Edward B. Adapting to the new shareholder-centric reality. 161 U. Pa. L. Rev. 1907-1988 (2013).
By institutional affiliation, the schools with the most authors represented are: Penn (4), Harvard (2), NYU (2), Columbia (2), Stanford (2), Georgetown (2).
May 06, 2014
Rookie hiring 2013-14
Sarah Lawsky (UC Irvine) has recorded 73 junior hires this year, though as she notes in the comments, there appear to be just 64 tenure-track academic hires (as distinct from tenure-track clinical and/or legal writing positions--those markets generally operate rather differently, which is why it's useful to disagreggate them). The AALS, in its infinite unwisdom, made it impossible to search job candidates this year by JD school, meaning that, unlike last year, we have no idea how many graduates from each school were actually on the market. 5 of our 7 graduates secured tenure-track positions, and one is still in the running for a 6th. All would have placed just two or three years ago, but this year saw multiple positions for which schools interviewed disappear (sometimes after callbacks) due to budgetary concerns. My guess is we will see only 60 or 70 academic tenure-stream lines filled next year as well. Once the applicant pool stabilizes (my guess is it will next year), schools will go back into the hiring market for new law teachers more aggressively, since many schools are currently leaving lines unfilled for which they have needs. Even so, I suspect a "recovery" in the teaching market will mean 100-120 new lines being filled, and that is probably 3-5 years off.
May 05, 2014
NYU's Sujit Choudry to be Berkeley's new Dean
The Berkeley announcement here.
May 01, 2014
Texas A&M Law School (formerly Texas Wesleyan) names L&E scholar Andrew Morriss as new Dean
Press release here. That's a major hiring coup, which surely would not have been possible without Texas A&M taking over Texas Wesleyan. Morriss, most recently, held a Chair at the University of Alabama, and before that was at the University of Illinois.
April 28, 2014
U of Arizona Dean Marc Miller profiled
April 23, 2014
Berkeley's Acting Dean Gillian Lester named Columbia's new Dean
Press release here.
UPDATE: I should note also that Lester's husband, Eric Talley, a leading corporate law and law & economics scholar at Berkeley, will also be moving to Columbia. This will solidify Columbia's position as having one of the two best "business law" faculties in the U.S.
Six legal scholars elected to American Academy of Arts & Sciences
They are: Christopher Eisgruber (Princeton), Vicki Jackson (Harvard), David Luban (Georgetown), George Priest (Yale), Bryan Stevenson (NYU), and John Witt (Yale).
UPDATE: You can see a breakdown of all newly elected Fellows by institutional affiliation here.
ADDENDUM: I should note that the philosopher Gary Watson, who is cross-appointed to the law faculty at the University of Southern California, and who has done seminal work on freedom of the will and moral responsibility, was also elected a Fellow this year. (USC has a top ten philosophy department these days, as well as an excellent law school.)
April 15, 2014
Tobin Named Dean At Maryland
Donald Tobin, a faculty member at The Ohio State University law school, has been named the new law school dean at the University of Maryland. He holds a JD from Georgetown and has been in academia since 2001.
April 12, 2014
Gulati, Krawiec will stay at Duke after all, rather than moving to USC
That's a significant retention for Duke! (Earlier announcement was here.)