Do Lawyers Make Good Gatekeepers?

Do lawyers report evidence of material violations up-the-ladder at the companies they represent, as the Sarbanes-Oxley Act and related regulations require? Have general counsel properly  investigated those reports? Can we trust lawyers to be effective gatekeepers and stop corporate misconduct? …

The Agency Costs of Teamwork

It is common wisdom among transactional lawyers that good teamwork results in smoother deals and better service for their clients.  Perhaps for this reason, capital-markets practices frequently tout their teamwork skills as a source of value for clients, especially in …