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This book is a broad and deep inquiry into how contingency fees distort our civil justice system, influence our political system and endanger democratic governance. Contingency fees are the way personal injury lawyers finance access to the courts for those wrongfully injured. Although the public senses that lawyers manipulate the justice system to serve their own ends, few are aware of the high costs that come with contingency fees. This book sets out to change that, providing a window into the seamy underworld of contingency fees that the bar and the courts not only tolerate but even protect and nurture. Contrary to a broad academic consensus, the book argues that the financial incentives for lawyers to litigate are so inordinately high that they perversely impact our civil justice system and impose other unconscionable costs. It thus presents the intellectual architecture that underpins all tort reform efforts.
This is the story of how and why such powerhouse Wall Street law firms as Cravath, Swaine & Moore, Davis Polk & Wardwell, and Sullivan & Cromwell, grew from nineteenth-century entrepreneurial origins into icons of institutional law practice; how, as white-shoe bastions with the social standards of an exclusive gentlemen’s club, they promoted the values of an east coast elite; and how they adapted to a radically changed legal world, surviving snobbish insularity and ferocious competition to remain at the pinnacle of a transformed profession. It is no accident these firms are found in New York, the largest city in the world’s largest economy and also the nation’s largest port, principal banking center, and epicenter of industry. At the dawn of the twentieth century, linked by canals, railroads, telegraph and telephone lines, transatlantic steamships and undersea cables, New York became the economic nerve center of the United States. It also wielded formidable political power and supplied every President or Vice President of the United States between the Civil War and the Great War.
From ancient Greece to Frank Lloyd Wright, studiola to smoking rooms, chimney boards to cocktail cabinets, and papier-mâché to tubular steel, the Encyclopedia of Interior Design provides a history of interior decoration and design from ancient times to the present day. It includes more than 500 illustrated entries covering a variety of subjects ranging from the work of the foremost designers, to the origins and function of principal rooms and furnishing types, as well as surveys of interior design by period and nationality all prepared by an international team of experts in the field. Entries on individuals include a biography, a chronological list of principal works or career summary, a primary and secondary bibliography, and a signed critical essay of 800 to 1500 words on the individual's work in interior design. The style and topic entries contain an identifying headnote, a guide to main collections, a list of secondary sources, and a signed critical essay.
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Written by leading scholars and judges in the field, the Research Handbook on Representative Shareholder Litigation is a modern-day survey of the state of shareholder litigation. Its chapters cover securities class actions, merger litigation, derivative suits, and appraisal litigation, as well as other forms of shareholder litigation. Through in-depth analysis of these different forms of litigation, the book explores the agency costs inherent in representative litigation, the challenges of multijurisdictional litigation and disclosure-only settlements, and the rise of institutional investors. It explores how related issues are addressed across the globe, with examinations of shareholder litigation in the United States, Canada, the United Kingdom, the European Union, Israel, and China. This Research Handbook will be an invaluable resource on this important topic for scholars, practitioners, judges and legislators.
An insider points out the holes that still exist on Wall Street and in the banking system Exile on Wall Street is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown. Award winning, veteran sell side Wall Street analyst Mike Mayo writes about one of the biggest financial and political issues of our time – the role of finance and banks in the US. He has worked at six Wall Street firms, analyzing banks and protesting against bad practices for two decades. In Exile on Wall Street, Mayo: Lays out practices that have diminished capitalism and the banking sector Shares his battle scars from cal...
Though unintentional during its writing, Fortitude could be perceived as an antecedent to J.D. Vance’s Hillbilly Elegy about poor whites fifty to seventy-five years ago migrating from southeastern Kentucky to southwestern Ohio to find work. This is the story of a German immigrant orphaned at age twelve—my grandfather, George Adam Rentschler who created an industrial empire in Hamilton, Ohio, that employed thousands including hundreds of hillbillies. And it’s the story of three of his sons, who went on to run Fortune 500/ New York Stock Exchange-listed companies, to our knowledge, the only time this has happened to three brothers. It is a story of the fortitude of these four men. Who are the heroes? Read on!
In the years since 2007 the U.S. economy has endured a severe financial crisis, a Great Recession, and continuing heavy unemployment. These events have led to increasing discontent among many people contributing to a substantial vote for Bernie Sanders and the election of Donald Trump. Meanwhile, Europe has witnessed the rise of nationalist parties and Brexit. In the face of these problems and events, economics must change. Principles of Macroeconomics: Activist vs. Austerity Policies provides an antidote to the standard macro texts offering multiple points of view instead of one standard line, a fact-based focus on the causes and cures of instability in economics, and an examination of ineq...
Eagles, discusses the life of eagles and profiles different types of eagles, along with providing facts about food, shelter, habitat, and more. Also includes records on eagles.