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Franklin Runge - One of the best experts on this subject based on the ideXlab platform.

Eli Wald - One of the best experts on this subject based on the ideXlab platform.

  • The Great Recession and the Legal Profession
    2010
    Co-Authors: Eli Wald
    Abstract:

    Perhaps with historical hindsight, 2008–2009 will be remembered not for the Great Recession but as an inflection point for world history, the U.S. economy, and the Legal Profession. In the short run, however, the impact of the economic meltdown on the Legal Profession has been quite devastating: unprecedented layoffs, salary decreases, and hiring freezes resulting in an extraordinary number of unemployed law school graduates nationwide. The long-term consequences of the economic downturn are less certain. While some believe that the Great Recession will have permanent adverse effects on the Legal Profession, it is important to bear in mind that points of significant distress are at the same time moments of great opportunity, and that the Legal Profession, with its track record of adapting to changing practice realities while successfully maintaining its elite Professional, financial, and cultural status atop U.S. society, may end up stronger than ever. In a symposium issue titled The Economic Downturn and the Legal Profession published by the Fordham Law Review leading scholars of the Legal Profession begin the process of studying the impact of the Great Recession on various segments of the Legal Profession and on the bar as a whole, examining both the unique consequences of the economic downturn and their interplay with contemporary trends that were already underway before the recession hit. This introductory essay summarizes some of the insights explored in the symposium, situating them in the context of past moments of anxiety experienced by the Profession, and discusses some emerging patterns and developments taking place in different segments of the bar.

  • The Economic Downturn and the Legal Profession, Foreword: The Great Recession and the Legal Profession
    Fordham Law Review, 2010
    Co-Authors: Eli Wald
    Abstract:

    Perhaps with historical hindsight, 2008–2009 will be remembered not for the Great Recession2 that first rocked the U.S. residential mortgage credit market, then froze American and global financial markets and eventually led to a worldwide recession, but as an inflection point for world history, the U.S. economy, and the Legal Profession. But in the short run, at least, the impact of the economic meltdown on the Legal Profession has been quite devastating: unprecedented layoffs,3 salary decreases,4 hiring freezes

Jonathan Rose - One of the best experts on this subject based on the ideXlab platform.

  • Medieval Attitudes Toward the Legal Profession: The Past as Prologue
    1999
    Co-Authors: Jonathan Rose
    Abstract:

    An interesting aspect of the medieval period is its Legalistic nature and the resulting role of lawyers. Moreover, what is particularly noteworthy is the persistent hostility toward lawyers. Throughout this period, complaints about lawyers were common. A familiar litany emerged: there was excessive litigation that was caused by excessive lawyers who created a demand for their services and by their misconduct and incompetence. What is striking about these attitudes is similarity to current complaints about the Legal Profession. Thus, since the inception of the Legal Profession at the end of the 13th century, the Profession has been under attack. On the other hand, it also played an important role and had significant value to the crown, government officials, and certain social groups. This essay, which is derived primarily from a longer article, The Legal Profession in Medieval England: A History of Regulation, 48 Syracuse L. Rev. 1 (1998), traces the emergence and nature of these attitudes. It also explores their influence of the medieval regulation of the Legal Profession. Primary emphasis is on medieval attitudes and their impact during that period. In addition, their persistence into the early modern period in England and into colonial America is also described. The essay concludes by raising a fundamental issue about the social function of the Profession and the antagonism and controversy that it engendered, and suggests the need for further thought and research about these attitudes and the ambivalence toward the Profession.

  • Legal Profession in Medieval England: A History of Regulation
    1998
    Co-Authors: Jonathan Rose
    Abstract:

    This article examines the history of the regulation of the English Legal Profession in medieval England. Two interrelated reasons make this a worthwhile endeavor: both the Legal Profession and its initial regulation emerged during this period. The primary objectives of this article are to identify and study the important legislation from the mid-thirteenth century to the end of the fifteenth century regulating the admission of lawyers to practice and the conduct of practicing lawyers. Critical regulations were adopted during this period. In addition, judges used their inherent power to control the admission of lawyers and sanction their misconduct. In studying this medieval regulation, this article discusses the problems and forces that led to the enactment of the various statutes and ordinances and identifies their objectives, analyzes the meaning and effect of these regulations, and attempts to appraise their historical and current significance. In addition to the historical interest in these matters, studying medieval regulation of the Legal Profession offers an important opportunity to discover the extent to which this initial regulation and the concerns that prompted it are similar to modern regulation and concerns regarding lawyers.Before turning to an examination of the medieval regulation, this article provides some historical background regarding the origins and emergence of the English Legal Profession and the general climate of opinion in the latter half of the thirteenth century.

Emilyn Brown - One of the best experts on this subject based on the ideXlab platform.

Shireen A Barday - One of the best experts on this subject based on the ideXlab platform.

  • punitive damages remunerated research and the Legal Profession
    Stanford Law Review, 2008
    Co-Authors: Shireen A Barday
    Abstract:

    This Note expands upon the literature analyzing the problems with remunerated research by examining law review articles on the topic of punitive damages that disclose financial support. It first reviews the scope and methodology used to gather the relevant set of funded law review articles, and then highlights trends in the data, such as frequent funders and peak funding years. Next, the Note examines the treatment of funded law review articles, first by the Legal Profession and then by the judiciary. In assessing the treatment of such articles, this Note looks at the number of citations to particular articles, as well as the prestige of the courts citing to industry-funded pieces as compared to pieces funded by universities. In the second Part, using the Daubert standard for admissibility of expert testimony as a point of departure, the standards governing what qualifies as authority within the Legal Profession are compared and contrasted with those from other fields. Finally, this Note concludes by offering two proposals for reform: mandatory disclosure of funding sources and the creation of a database to identify articles by funding source.

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