Much of the research in law and finance reduces long, complex texts down to a small number of variables. Examples include the coding of corporate charters as an entrenchment index or characterizing dense securities complaints by using variables that capture the amount at issue, the statutes...

The primary conclusion from prior literature is that firm size, as a measure of firm resources and capacity to pay, is a key predictor of class action securities settlement amount, and the merits of the case are less important in settlement negotiations. The purpose of this study is to shed...

There is a large body of research in economics and law suggesting that the legal origins of a country—that is, whether its legal regime is based on English common law or French, German, or Nordic civil law—profoundly impacts a range of outcomes. However, the exact relationship between legal...

Our study focuses on the Social Cost of Carbon in Relation to Climate Risk. Since information on the social cost of carbon and its effects on the climate is not easily accessible, we searched the internet for pertinent data sets. We have information on emissions from 470 oil and gas companies in...

Professor Colleen Chien recently developed an innovative and important model that relies on a patent's "after-acquired" characteristics to predict the chances that the patent will be involved in litigation. This comment critiques Professor Chien's model by identifying certain weaknesses,...

The patent system - and information about the patent system - is becoming more available and more digitalized. One area of interest involves using newly available information to predict patent litigation - to identify patents that will in the future be litigated. If patents that will be...

Patent lawsuits are disruptive, unpredictable, and costly. The inability to anticipate patent litigation makes it practically uninsurable, exposes companies to late-stage suits, and drives companies to rapidly accumulate patents in order to ward off litigation. This article confronts this...

This article discusses the meaning of jury “predictability” and whether jury research supports claims of unpredictability. It then analyzes the factors that are associated with perceptions of civil jury unpredictability using data from (1) surveys of corporate and insurance attorneys’...