May 20, 2014
The cost of higher education
Blog Emperor Caron links to two recent items, the first of which makes clear what adults already knew, namely, that the cost of legal education is only a small part of the bigger picture.
May 16, 2014
Why philosophy has been central to legal education
May 14, 2014
The many academic defenders of the inequality at the core of our current religious exemptions jurisprudence...
...had better speak out forcefully about the latest in religious-inspired anarchy.
European court will force Google to actually stop facilitating evil
A welcome development, though I doubt we will see anything similar in the U.S.
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 07, 2014
A new B.A. in law at the University of Arizona
An interesting development, that I'm sure other schools will watch carefully. Marc Miller, Arizona's very savvy Dean, has taken the lead in developing this program.
May 02, 2014
Post-tenure review coming to Suffolk University
One account here, though it starts on the wrong note:
Suffolk University, taking aim at academia’s hallowed practice of providing lifelong job protection for veteran instructors, has decided to require all its tenured faculty to undergo performance reviews that in some cases could lead to dismissal.
De facto, tenure has often turned out to mean "lifelong job protection," but legally, it means termination only for cause, a standard which imposes procedural requirements and burdens on the employer before termination. There are aspects of the Suffolk proposal that look problematic (review of faculty by administrators, rather than other faculty, for example), but the basic idea of a periodic performance review is wholly consistent with a "for cause" employment contract.
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.
ATL's approach to ranking law schools: decide what the result should be, then adjust the criteria accordingly
I wish I were making this up, but here it is:
“The top 15 or so are roughly the same schools as you would find in U.S. News and elsewhere,” explains Brian Dalton, research director for Above the Law. “Yale, Harvard and Stanford are the top three as they would be under any credible ranking scheme…"
Note that when U.S. News.com surveyed lawyers and judges last fall (with a 32% respones rate, an all-time high for these surveys), here were "the top three":
1. Harvard University (4.8)
1. Stanford University (4.8)
3. Columbia University (4.7)
3. University of Chicago (4.7)
3. Yale University (4.7)
But, heck, what do lawyers and judges know.
And here are the "top three" schools based on scholarly impact in the study by Greg Sisk (St. Thomas) and colleagues in 2012:
1. Yale University
2. Harvard University
3. University of Chicago
And the "top three" according to The National Law Journal based on big firm placement:
1. Columbia University
2. University of Chicago
3. New York University
And the "top three" in the business law areas:
1. Harvard University
2. Columbia University
3. New York University
But, of course, any "credible" ranking must replicate U.S. News.com....
If they really aren't about to go under, they surely deserve to if this is really their approach.