It has been two years since legal education reform started in Japan. The Justice System Reform Council envisioned the 21st century lawyer as a lawyer who "not only has highly developed professional legal knowledge but also has required strong legal ethics based on wide cultural knowledge and...

We analyze a client's choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they prefer: an hourly rate, a fixed fee or a "mixed fee," which is a time-capped fixed fee plus an hourly rate for...

Scholars have argued that transactional lawyers add value by mitigating the potential for post-transaction litigation, reducing transaction costs, acting as reputational intermediaries, and lowering regulatory costs. Effective transactional attorneys understand their clients' businesses and the...

We analyze a client's choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they prefer: an hourly rate, a fixed fee or a “mixed fee,” which is a time-capped fixed fee plus an hourly rate...

Previous studies of securities fraud class actions under the PSLRA have found that class counsel's fee requests and awards are lower in cases in which the lead plaintiff is a public institutional investor rather than a union fund or individual investor. Those studies, however, have not explained...

This Article empirically examines whether lawyers make a difference in prosecuting trademark applications, and if so, how much. Working from a wealth of data the USPTO released in 2012, we examine the twenty-five year period of 1985-2010 to determine how much legal counsel matters in various...

This Report canvasses the state of play in lawyers' work. It aims to provide a benchmark from which to explore future professional competencies. It is based on a review of literature concerning the current state of lawyers' work, drawn principally from institutional reports across common law...