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Law School, Disrupted
Anyone who has watched The Paper Chase can tell you law school has not changed much since the 1970s. And legal education seemed pretty comfortable with keeping the status quo, even well into the 2000's when I went to law school in 2003.
But the last few years have been rough for legal education: graduates have sued their law schools; legal education advocacy organization Law School Transparency has called law schools' self-reported hiring statistics into question (and/or demonstrated that the statistics were fabricated); a wide variety of media outlets have covered law schools' and lawyers' struggles; and, reflecting a general impression that the law degree has lost some of its cultural cache, law school applications have fallen precipitously. Despite all this, legal education has remained a largely undisrupted stalwart in the legal ecosystem.
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.