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Legal Incubators and Legal Hackers
The seminal book on the origins of hacking and the hacker culture is Steven Levy's Hackers: Heroes of the Computer Revolution. One of my favorite stories from the book is of an early hacker at Massachusetts Institute of Technology, Bob Wagner, who was not content to use a wimpy, clunky electromechanical calculator to complete homework for a Numerical Analysis class. Consequently, Wagner wrote a program of almost three thousand lines of code that made the computer emulate the calculator's exact functionality. Then, Wagner used the calculator program on the computer to do his math homework.
His grade when he turned in his homework: Zero. “You used a computer!” The professor told him. “This can't be right.”
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.