Loopholes - Articles on the Business of Law

Some articles on the business of law:

• Explaining the Value of Transactional Lawyering. Steven L. Schwarcz.
  An academic look at trying to find how transactional lawyers add value in their role in the transactional process. I was surprised that academics thought that lawyers add value by "renting" their good reputation to clients. The results of the study behind this paper debunk that theory.


• Women Lawyers and Obstacles to Leadership. Mona Harrington and Helen Hsi, MIT Workplace Center.
  The report is based a study of the surveys that show that women and men enter law firms in essentially equal numbers but women leave firm practice at every pre-partner level at a far higher rate than men. The primary reason is the need for more time for family than the firms support. Nearly 80% women who leave the law firm environment move to workplaces that do allow the time they need, even if they are working fulltime.