The survey, which LexisNexis commissioned from 5 Square Research, Inc., asked 300 hiring partners and senior associates who supervise new attorneys, from a variety of large and small U.S. firms whether new grads have the practical legal skills their employers want. The survey results have been published in a new white paper called Hiring partners reveal new attorney readiness for real world practice which is intended to help law schools identify which skills they should focus on to improve the job prospects...
“Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser — in fees, expenses and waste of time.” – Abraham Lincoln
As stated by Abraham Lincoln, attorneys should prevent their clients from going to court. When faced with a dispute, business executives should instead be encouraged to consider alternative dispute resolution (“ADR”) options. ADR refers to a wide range of dispute resolution processes...
Daniel Martin Katz, Michael James Bommarito II, Tyler Soellinger, and James Ming Chen (Illinois Tech - Chicago Kent College of Law , Bommarito Consulting, LLC , Michigan State University - College of Law and Michigan State University - College of Law) have posted Law on the Market? Evaluating the Securities Market Impact of Supreme Court Decisions on SSRN. Here is the abstract:
Do judicial decisions affect the securities markets in discernible and perhaps predictable ways? In other words, is there...
At the end of the day, the ability to broaden attention and the ability to narrow attention are both key contributors to creativity. A recent neuroscience study led by Roger Beaty (and which I was a collaborator on) suggests that creative people have greater connections between two areas of the brain that are typically at odds: the brain network of regions associated with focus and attentional control, and the brain network of regions associated with imagination and spontaneity. Indeed, the entire...
Located west of Abilene, Fisher County may have a fairly low population of about 4,000 residents, but it also enjoys a high level of oil and gas activity. Recently, a Fisher County jury handed down a $60 million verdict in connection with a complicated case involving allegations by two groups of investors, including Lowry Hunt of Mansfield’s L.W. Hunt Resources and Richard Raughton of Fort Worth, who claimed that they were conned out of sizable profits from West Texas oil and gas production leases.
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Vocada sued Nuance for securities fraud. They had a merger agreement in which they agreed to arbitrate “any . . . dispute relating to the Earnout Consideration.” The Fifth Circuit found that this claim had to be arbitrated, noting: “Although the arbitration clause as a whole is narrow, the ‘relates to’ language is broad. The clause does not require that the remedy sought in arbitration be the earnout consideration or that the claim relate to how the earnout consideration is calculated...
The use of analytics and big data may transform the way lawyers are instructed, but it’s not perfect.
Big data has long been heralded as something companies can wield to improve their operations and make better, more informed decisions. And with a US start-up which describes itself as the ‘Moneyball’ of legal analytics, big data is being taken to the legal profession.
The analytics company Premonition has released a report which names the top High Court legal performers based on win rates,...