Greetings from Dublin. Between the Guinness tour, the champagne afternoon tea, and the jet lag, I don’t have the mental energy to do the blog I planned to write with a deep analysis of the AALS conference in DC. I live tweeted for several days and here my top 25 tweets from the conference. I have also added some that I re-tweeted from sessions I did not attend. I apologize for any misspellings and for the potentially misleading title of this post:
1)
Posner: judges ought to give reasons for rulings but shouldn't pretend they're interpreting intention of the statute drafters #AALS2015
— Dalie Jimenez (@daliejimenez) January 5, 2015
2)
"I find law professor blogs very helpful." @johnson_carrie at #AALS2015 I KNEW IT! cc @ProfDodson
— UC Hastings Scholars (@UCHScholar) January 5, 2015
3)
40% of clients ask not to be billed for time of 1st/2nd year associates. @jogdc #AALS2015
— Simon Canick (@simoncan) January 4, 2015
4)
Studies show that scholars are more productive if they write 15-30 minutes every day- more so if they are accountable for time #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
5)
Usha Rodrigues-I'm a pusher. I want everyone to be a business lawyer so I push numbers softly- "see it's like candy". #AALS2015 #lawschools
— Marcia Narine (@mlnarine) January 4, 2015
6)
We don't only need to train students to think like lawyers, we need to train them to think like clients! @TheAALS #AALS2015 @JMLSChicago
— markewojcik (@markewojcik) January 4, 2015
7)
Rosenblum- gender quotas for boards rapidly spreading in EU. Germany enacting one but not as harsh as France/Norway #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 4, 2015
8)
Hurt-no surprise that share price goes down when women aka risk averse people are added to bd. Slower growth may be ok- #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
9)
Schwartz-new decisions on board's long term obligations could affect Unocal, Blasius, business judgment rule analysis. #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 4, 2015
10)
Rosenblum- French companies looking to foreign women to meet quotas. #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
11)
Rosenblum- cited data that lower share value in many firms in Norway after female quota possibly b/c of lower experience #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
12)
Manns- 15.6% of outside directors minorities. 85% of public companies have at least one minority on the board. #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
13)
Manns- industry, intra-firm proxies for independence, comp, director tenure as director independence rating criteria #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 4, 2015
14)
Manns- sham of independence b/c of formalistic definition/conservative bias to choose directors like themselves #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 4, 2015
15)
#AALS2015-Griffith/Fisch-"golden leash" pay package where activist investor offered special comp to their dissident bd nominees #corpgov
— Marcia Narine (@mlnarine) January 4, 2015
16)
Griffith- market responds to activist-specific governance features but only at firms likely to face an activist attack. #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 4, 2015
17)
Reisner-insider trading cases show limits of deterrence. 2nd Cir opinion will change cases brought by SEC #AALS2015 #corpgov #Ethics
— Marcia Narine (@mlnarine) January 3, 2015
18)
Reisner- SEC filed 750
Enforcement cases last year but only required admission of wrongdoing in 12 #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 3, 2015
19)
Reiner- will see more gatekeeper cases against lawyers, compliance personnel by SEC #AALS2015 #corpgov #compliance #Ethics
— Marcia Narine (@mlnarine) January 3, 2015
20)
Coffee-DE may curb loser pay bylaws to avoid losing litigation to other states and companies fear proxy advisory firms #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 3, 2015
21)
Coffee-Since mid-May, 24 companies have adopted loser pays fee shifting bylaws. #corpgov #AALS2015 #litigation
— Marcia Narine (@mlnarine) January 3, 2015
22)
Fisch- shouldn't law leave room for strategic bidder who can produce more efficient transaction? #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 3, 2015
23)
Fisch-now activist investors doing more partial slates of directors vs taking over whole company #corpgov #AALS2015
— Marcia Narine (@mlnarine) January 3, 2015
24)
Jill Fisch- we are looking more at staggered boards, shareholder rights plans because of activist investors. #AALS2015 #corpgov
— Marcia Narine (@mlnarine) January 3, 2015
25)
#AALS2015 Judge Rosenthal-lots of questions are so practical re access to courts that academics haven't focused on them.
— Marcia Narine (@mlnarine) January 3, 2015
Next week I will write about the reason I’m in Dublin.