Sunday, June 17, 2018

Possible Items for your Summer Reading List: Insider Trading and Legal Writing

Two law scholar/teacher friends have recently published books that deserve attention.  The first is a labor of scholarly love from my Association of American Law Schools and Southeastern Association of Law Schools co-conspirator John Anderson.  The second represents the hard work of Antonio Gidi, who visited at Tennessee Law a number of years ago.  I have read neither book, but I know the quality of the work that went into both of them.

Here is the summary of John's book, Insider Trading: Law, Ethics, and Reform:

As long as insider trading has existed, people have been fixated on it. Newspapers give it front page coverage. Cult movies romanticize it. Politicians make or break careers by pillorying, enforcing, and sometimes engaging in it. But, oddly, no one seems to know what’s really wrong with insider trading, or - because Congress has never defined it - exactly what it is. This confluence of vehemence and confusion has led to a dysfunctional enforcement regime in the United States that runs counter to its stated goals of efficiency and fairness. In this illuminating book, John P. Anderson summarizes the current state of insider trading law in the US and around the globe. After engaging in a thorough analysis of the practice of insider trading from the normative standpoints of economic efficiency, moral right and wrong, and virtue theory, he offers concrete proposals for much-needed reform.

It comes with advance praise from many of our business and criminal law colleagues--Jill Fisch, Don Langevoort, Ellen Podgor, Kelly Strader, and Andrew Vollmer.  If you order from Cambridge University Press before May 1, 2019, you can get a 20% discount using code JPANDERSON2018 at checkout.  I just ordered my copy.

Gidi's book (coauthored with Henry Weihofen), Legal Writing Style (Third Edition), is described as follows:

Legal Writing Style promotes the art of good writing by teaching students and practitioners the tools to make their prose clear, precise, simple, and forceful. With examples of what works and what doesn’t, this short but comprehensive treatise provides an invaluable resource for recasting writing for maximum impact and ultimate success.

It is classified as a hornbook, so you may not think it is a page-turner worthy of summer reading.  And it is a third edition.  But this topic is so crucial to what we do, and this edition is, I understand, a substantial re-write.  So, I draw attention to it here.

Happy Father's Day to all who are celebrating as or with fathers today.  Put the summer reading list aside to honor those important folks in our lives--something we should do every day.

Joan Heminway | Permalink


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