Since the American Law Institute (ALI) voted in May 2018 to approve the final draft of its Restatement of the Law of Liability Insurance (RLLI), many have closely watched to see what.
Relax with our favorite long reads of 2020
Year in Review
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Throughout the year, the ABA Journal publishes in-depth features on the business of the legal profession, developments in the law, lives that have been impacted by the justice system and the ways society influences and is influenced by the law. What follows are some of our favorite features from 2020.
Business of Law
While there was no single point of failure, undisciplined acquisitions, ad hoc and expensive compensation schemes, and financial mismanagement coalesced to bring about LeClairRyan’s ruin, several former shareholders say. Its demise one of several firm failures in the last decade is as much a story about a single firm as it is a warning to others in a softening economy.