How Law Firms Purchase Malpractice Insurance and What it Means for the Future of Legal Practice

First Aid Kit

Insurers have a number of tools at their disposal to change the behavior of their policyholders. This should be relatively unsurprising. Once an insurer indemnifies a policyholder from loss, it is the insurer’s money at risk, not the policyholder’s—if the policyholder suffers a loss, the insurer must pay the cost of the loss. And insurers hate to lose money just like you and me. It is therefore in the insurer’s interest to either demand or encourage policyholders to take more precaution.

SEC Investigations: To Disclose or Not to Disclose-That is the Question

Securities and Exchange Commission

Among the many important decisions a company facing a SEC investigation must make is the decision whether to publicly disclose the existence of the investigation. The decision may depend on the stage of the investigation, what is being investigated, and what is the likelihood of a bad outcome. While the weight of authority suggests that

Increased Judicial Scrutiny of Non-Monetary Settlements of Merger Litigation Threatens Business Model of Some Plaintiffs’ Lawyers

Professionals Meeting (b&w)

In recent years, the percentage of corporate mergers and acquisitions challenged through stockholder litigation has more than doubled. In 2007, 44% of deals valued over $100 million were the subject of stockholder lawsuits; by 2014, the number was 93%.[1] Merger litigation has become both reflexive and ubiquitous; plaintiffs’ lawyers often file complaints on behalf of

Innovation in Philadelphia: Part Two of a Conversation Between Ajay Raju and Christopher Wink

Philadelphia Skyscrapers

On Friday, May 15, Ajay Raju (TEMPLE ’92; LAW ’96), Executive Chairman and CEO of Dilworth Paxson, LLP, and Christopher Wink (CLA ’08), co-founder of Technical.ly, met for a wide-ranging conversation about technology and innovation in Philadelphia. Jonathan Lipson, the Harold E. Kohn Chair and Professor of Law at the Temple University Beasley School of Law,