Triangulating Law, Data & Ethics
“Talk of [financial] Armageddon . . . is ridiculous scare-mongering. If financial institutions cannot make productive loans, a profit opportunity exists for someone else. This might not happen instantly, but it will happen.” So says Harvard economist Jefffrey A. Miron, writing today at CNN. What does Miron say government should do now? For starters, stop […]
Illustrating yet again that a decisive majority — including the editors of the Wall Street Journal — can be wrong, 82 percent of respondents in a survey commissioned by the Obama campaign favored out-of-court arbitration over traditional courtroom litigation. The Wall Street Journal’s write up, “No Lawyers, Please,” notes that “most Americans do not want […]
Frequently overlooked elements of commercial contract negotiations are the choice of law and choice of forum clauses. These clauses can have a dramatic impact on the timing, amount, and collectibility of the revenue or expense associated with a transaction. Most contracts written nowadays contain such clauses, but many non-lawyers downplay their importance because they are “legal technicalities” that they don’t fully understand.
