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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.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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.
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.
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.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.