Monday, December 2, 2019
In running circles, Nike has been in the news quite a lot this year.
In May, Nike was criticized for its maternity policy (of lack thereof) for sponsored runners (See “Nike Told Me to Dream Big, Until I Wanted a Baby”).
In September, Nike’s running coach, Alberto Salazar, was suspended for 4 years for facilitating doping. (See “Nike’s Elite Running Group Folded After Suspension of Coach Alberto Salazar”)
In October, Nike's sponsored runner, Eliud Kipchoge, ran the first sub-2 hour marathon, wearing the much-hyped Nike Vaporfly shoes. (See “Eliud Kipchoge runs first ever sub-two hour marathon in INEOS 1:59 challenge”) (See also, “Achieving the Seemingly Impossible: A Tribute to Eliud Kipchoge” by our own Colleen Baker)
In November, former Nike-sponsored runner Mary Cain’s allegations of verbal abuse and weight shaming went viral. (See “I Was the Fastest Girl in America, Until I Joined Nike: Mary Cain’s male coaches were convinced she had to get “thinner, and thinner, and thinner.” Then her body started breaking down.”) (See also, “Mary Cain Speaks Out Against Nike and Coach Alberto Salazar Over Emotional, Physical Abuse”)
I think Robert Johnson of Let’s Run gets it right - Don’t Believe The Spin, Nike’s Treatment Of Mary Cain Is Very Much In Line With Its #1 Core Value: Win At All Costs. And, at least based on what I see among my serious running friends, the negative press is not hurting Nike’s sales. The Nike Vaporfly shoes are the best running shoes on the market, and the negative press appears to be rationalized or ignored by consumers. Even the author of the Mary Cain story for Sports Illustrated (which was extremely critical of Nike) donned a Nike kit and the Nike Vaporflies in his recent marathon.
So here is the perennial business law question: is Nike's "ruthless winning" strategy proper, or even required? As we all know, the business judgment rule allows Nike’s board of directors a great deal of flexibility in their decision-making. But the pull of the shareholder maximization norm---and the fact that shareholders hold many more accountability tools than other stakeholders---makes the results above pretty unsurprising.
Former Chief Justice of the Delaware Supreme Court has posted a paper with some ideas for encouraging more prosocial behavior by U.S. corporations, but there are no easy solutions and still much academic work to be done in this area.
Monday, October 28, 2019
After spending the entire day grading undergraduate business law exams, I drove to my son’s elementary school for our first parent-teacher conference. On my wife’s advice, I mostly just listened. My legal and academic training have given me “a very particular set of skills” that I can use to construct and deconstruct arguments in a way some people find combative, so my wife's advice was probably wise.
The parent-teacher conference for our kindergarten-aged son went well. Most important to me, it was clear that our son’s teacher already appeared to love him and seemed committed to helping him develop. But I worry about what our education system may do to my son. Only two months into formal school, my sweet son, who has been in speech therapy since age two, is already receiving grades. Granted, the grades are pretty soft at this point – 3 for mastery, 2 for on track to complete this year, 1 for behind schedule. I hope he will not get overly discouraged. I also know he will not receive nearly as much affirmation in school for his impressive, budding artistic skills as he would for a photographic memory.
This parent-teacher conference, coupled with a handful of especially weak student exams, prompted a lot of thoughts about grading over the past few days.
As a parent, and increasingly as a professor, I am becoming convinced that we (as a society) over-focus on grades and our grades largely miss what is truly important. As a parent, I feel a good deal of responsibility for the development of my children, and as a professor, I obviously think education is an important part of human development. But before my oldest son started kindergarten this August, I wrote down some of the traits I hope my children will develop before they leave our home. In alphabetic order, they include:
While it is tempting to fixate on quantifiable things, like grades, I am attempting to model, praise, and teach the character traits above. And sometimes “failure” will develop these character traits better than “success.” I am seeing this in my son. He has already struggled more academically than I did in my entire educational experience, but, perhaps because of this, he is already significantly ahead of me in compassion and kindness.
As educators, if we are wed to giving grades, why do we only grade such a narrow set of skills? (For a debate in The Chronicle of Higher Education on the usefulness of grades, see here: useful and not useful.) For example, why do we often regulate athletic, artistic, and communication-based courses to pass/fail or effort-based grades, but mark academic work with such relative precision? (One theory is that teachers and administrators are generally naturally gifted in academic pursuits, but are generally not as gifted in athletic, artistic and communication-based areas.) In middle school, for physical education class, we were graded, in part, on our 1-mile time. If I remember correctly, under 6:00 was a 100% and you failed if you ran over 12:00. While it was only maybe 10% of our overall PE grade, I can’t imagine that many schools do that these days. And I understand the arguments against doing so – namely, some students have a significant genetic advantage over other students in endurance running. That said, the same can be said for test-taking. For most students, both endurance running and test-taking can be improved, but some students face much higher hurdles than others.
All of this thinking about grading has not led me to any definite conclusions yet, but I welcome thoughts in the comments. And, in coming semesters, I may try to diversify my grading even more, to capture more skills and to challenge a wider range of students. (The students who are most harmed by our current system may actually be the straight-A students who find tests easy, but who never or rarely face assessment in their naturally weaker areas). I already include a group project and participation as parts of the grade in most of my classes, but I could probably expand this to a higher percentage of the overall grade. That said, I also think that grades should reflect the level of proficiency obtained, so I think substantive knowledge will and should remain important.
Monday, October 14, 2019
Congrats to MIT professors Abhijit Banerjee, Esther Duflo and Michael Kremer on their recent Nobel Prize in Economics.
A few years ago, I completed Professors Banerjee and Duflo's free online EdX course on "The Challenges of Global Poverty."
Evidently, they are doing a rerun of that course, starting February 4, 2020. You can sign up here.
Sunday, September 29, 2019
The Kelley School of Business at Indiana University is hiring legal studies professors. Details about the positions below.
The Kelley School of Business at Indiana University seeks applications for a tenured/tenure-track position or positions in the Department of Business Law and Ethics, effective fall 2020. The candidate(s) selected will join a well-established department of 25 full-time faculty members who teach a variety of courses on legal topics, business ethics, and critical thinking at the undergraduate and graduate levels. It is anticipated that the position(s) will be at the assistant professor rank, though appointment at a higher rank could occur if a selected candidate’s record so warrants.
To be qualified, a candidate must have a J.D. degree (or equivalent terminal law degree) with an excellent academic record and must demonstrate the potential for outstanding teaching and research in law and/or ethics. We seek applicants with research and teaching interests across a broad range of law and ethics issues in business, and we would be pleased to receive applications from scholars whose research or teaching interests intersect with issues of racial, ethnic, and gender diversity and equity in corporate and work environments (including but not limited to corporate board diversity, civil rights, employment anti-discrimination and anti-harassment, public accommodation, family leave, business and human rights, feminist and/or critical race theory and law/ethics, etc.).
Candidates with appropriate subject-matter expertise and interest would have the opportunity to be involved on the leading edge of a developing collaboration between the Kelley School of Business and the Kinsey Institute, the premier research institute on human sexuality and relationships and a trusted source for evidence-based information on critical issues in sexuality, gender, and reproduction. Such expertise, however, is not required to be qualified and considered for the position or positions.
Interested candidates should review the application requirements and submit their application athttp://indiana.peopleadmin.com/postings/8543. Candidates may direct questions to: Professor Jamie Darin Prenkert, Department Chair (email@example.com), or Professor Joshua E. Perry, Search Committee Chair (firstname.lastname@example.org), both at Department of Business Law and Ethics, Kelley School of Business, Indiana University, 1309 E. 10th Street, Bloomington, IN 47405.
Application materials received by October 24, 2019 will receive full consideration. However, the search will continue until the position(s) is/are filled.
Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment without regard to age, ethnicity, color, race, religion, sex, sexual orientation, gender identity or expression, genetic information, marital status, national origin, disability status or protected veteran status.
The Kelley School of Business at Indiana University seeks applications for full-time, non-tenure-track lecturer positions in the Department of Business Law and Ethics, effective fall 2020. The candidate(s) selected will join a well-established department of 25 full-time faculty members who teach a variety of residential and online courses on legal topics, business ethics, and critical thinking at the undergraduate and graduate levels. Lecturers have teaching and service responsibilities, but are not expected to engage in research activities.
To be qualified, a lecturer candidate must have a J.D. degree (or equivalent terminal law degree) with an excellent academic record and must demonstrate the potential to be an outstanding teacher. We value applicants who have a broad range of interests and experience and a commitment to teaching classes in both the legal environment of business and practical/applied business ethics. We would be pleased to hear from applicants whose interests or experience intersect with issues of racial, ethnic, and gender diversity and equity in corporate and work environments (including but not limited to corporate board diversity, civil rights, employment anti-discrimination and anti-harassment, public accommodation, family leave, business and human rights, feminist and/or critical race theory and law/ethics, etc.).
Candidates with appropriate expertise would have the opportunity to be involved on the leading edge of a developing collaboration between the Kelley School of Business and the Kinsey Institute, the premier research institute on human sexuality and relationships and a trusted source for evidence-based information on critical issues in sexuality, gender, and reproduction. Such expertise, however, is not required to be qualified and considered for these positions.
Interested candidates should review the application requirements and submit their application at http://indiana.peopleadmin.com/postings/8545. Candidates may direct questions to: Professor Jamie Darin Prenkert, Department Chair (email@example.com), Professor Martin McCrory, Search Committee Co-Chair (firstname.lastname@example.org), or Professor Arthur Andrew Lopez, Search Committee Co-Chair (email@example.com), all at Department of Business Law and Ethics, Kelley School of Business, Indiana University, 1309 E. 10th Street, Bloomington, IN 47405.
Application materials received by November 15, 2019, will receive full consideration. However, the search will continue until the position(s) is/are filled.
Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment without regard to age, ethnicity, color, race, religion, sex, sexual orientation, gender identity or expression, genetic information, marital status, national origin, disability status or protected veteran status.
Monday, September 16, 2019
I am pleased to announce that The University of Tennessee College of Law is again hosting editors of this blog for a symposium focusing on current topics in business law. The website for the symposium, which is sponsored by UT Law's Clayton Center for Entrepreneurial Law, is here. Faculty and students from UT Law will comment on presentations given by my fellow BLPB bloggers. Participating editors of the BLPB in this year's program include Colleen Baker, Ben Edwards, Josh Fershee, me, Doug Moll, Haskell Murray, and Stefan Padfield. The lunchtime panel features me and two of my UT Law colleagues exploring the legal meaning and understanding of mergers and other business combinations from various perspectives, including business associations law, bankruptcy and UCC law, and federal income tax law. That, alone, is surely worth the price of entry!
If you live in or near Knoxville, please come and join us. Continuing legal education credit is available to members of the Tennessee bar. If you cannot make it to the symposium, however, a video recording of the proceedings will later be available on UT Law's website, with an expected option for online continuing legal education credits. (Last year's program is available here with a continuing legal education credit option.) In addition, the written proceedings of the symposium are scheduled to be published in the spring volume of Transactions: The Tennessee Journal of Business Law.
I am looking forward to having many of my BLPB co-editors in town for this program. It's always a special time when we are together.
Tuesday, August 20, 2019
The City University of New York (CUNY) School of Law seeks highly-qualified candidates for a tenured or tenure-track faculty appointment to begin in Fall 2020. The principal responsibility of this faculty member will be to teach business law related courses, including Business Associations, U.C.C. Survey, and Contracts. All faculty are also expected to teach our first-year Lawyering course on a rotating basis, and all faculty are expected to teach in both the day and evening programs on a rotating basis.
CUNY SCHOOL OF LAW: "LAW IN THE SERVICE OF HUMAN NEEDS"
CUNY School of Law is a national leader in progressive legal education: we are ranked first in the country for public interest law and third in the county for clinical programs, and we are one of the most diverse law schools in the nation.
Our mission at CUNY School of Law is two-fold: training public interest attorneys to practice law in the service of human needs; and providing access to the profession for members of historically underrepresented communities. The Law School advances that mission though an innovative curriculum that brings together the highest caliber of clinical training with traditional doctrinal legal education to train lawyers prepared to serve the public interest. The basic premise of the law school's program is that theory and abstract knowledge cannot be separated from practice, practical skill, professional experience and the social, cultural, and economic context of law. The curriculum therefore integrates practical experience, professional responsibility, and lawyering skills with doctrinal study at every level.
Successful candidates will have:
a) J.D., L.LB., or Ph.D in a law-related discipline;
b) admission to law practice;
c) social justice lawyering experience;
d) a demonstrated commitment to the mission of CUNY School of Law;
e) availability and willingness to teach in the day and evening programs on a rotating basis;
f) availability and willingness to teach the first-year Lawyering course on a rotating basis (experience teaching legal writing preferred);
g) commitment to scholarly engagement (established scholarly record preferred);
(a) a demonstrated commitment to excellent teaching (ability to teach in both a classroom and clinical setting preferred); and
(b) demonstrated success as a faculty member, including the ability to collaborate with others and share responsibility for committee and department assignments.
CUNY offers faculty a competitive compensation and benefits package covering health insurance, pension and retirement benefits, paid parental leave, and savings programs. We also provide mentoring and support for research, scholarship, and publication as part of our commitment to ongoing faculty professional development.
HOW TO APPLY
Interested candidates should apply at www.cuny.edu by accessing the employment page, logging in or creating a new user account, and searching for this vacancy using the Job ID (20886) or Title (Assistant, Associate, or Full Professor of Law) then selecting "Apply Now" and providing the requested information. (Link at :
The application requires a CV/resume and a cover letter, indicating the position to which you are applying.
Wednesday, August 14, 2019
This is my fifth year compiling a list of open business law professor positions in law schools and other settings (mostly business schools).
See the 2018-19, 2017-18, 2016-17, 2015-16 (law schools; business schools), and 2014-15 (law schools, business schools) lists to get a sense of what the market for business law professors has looked like over the past few years.
I will likely update this list from time to time; feel free to e-mail me with additions. Updated 9/30/19.
Law School Professor Positions – Business Area Identified
- American University (business law program director)
- City University of New York (CUNY)
- Emory University
- Northeastern University
- Ohio State University
- Pennsylvania State University
- Samford University
- Southern Illinois University
- Suffolk University (transaction legal clinic)
- University of Akron
- University of California-Davis (transaction legal clinic)
- University of Cincinnati
- University of Dayton
- University of Kansas
- University of Kentucky
- University of Massachusetts - Dartmouth
- University of Memphis
- University of Nebraska
- University of Richmond
- University of Wisconsin
- Vanderbilt University
- Washington University (St. Louis)
- Wayne State University
Legal Studies Professor Positions (Mostly Business Schools)
- Boise State University
- California State University-Los Angeles (real estate law focus)
- California State University-Northridge
- Christopher Newport University
- Hagerstown Community College
- Indiana University (possibly multiple positions)
- Ithaca College (full-time, non-tenure track)
- Morgan State University
- Sam Houston State University (2 positions)
- Sierra College (Community College)
- St. Bonaventure University (spring 2020 start)
- Temple University
- Texas State University
- Tulane University (visiting lecturer, full-time, non-tenure track)
- University of Georgia
- University of North-Texas (full-time, non-tenure track)
- U.S. Air Force Academy (visiting professor)
- Wake Forest University (full-time, non-tenure track)
- Wenzhou-Kean University (China)
Monday, August 12, 2019
In college, I majored in business administration with a concentration in finance, but I learned next to nothing about personal finance. Thankfully, my father provided some advice, and I did a bit of reading on the subject before I graduated law school. But I am still learning, and have dug deeper this summer.
More universities should instruct their students on matters of personal finance. As I mentioned a few months ago, I spoke on personal finance for a group of students at my university last school year, and I hope to bring Joey Elsakr to speak at my university this school year. Joey is a graduate student and is the co-founder of the blog Money and Megabytes.
Last week, Joey graciously invited me to guest post on his blog. As I mention in the post, I don’t think I have that much to add to his many useful and detailed posts on personal finance, but I do think personal finance gets a lot more difficult after you have a family (namely because there are so many more non-financial factors to weigh in most financial decisions). I pose some of those difficult questions in the linked post below, and I welcome any thoughts on those questions from our readers.
Monday, August 5, 2019
I did not manage to do much outside reading over the summer, given a move to the Nashville suburb of Franklin.
Always open to recommendations. I am also interested in podcast recommendations for my new commute.
On Paradise Drive - David Brooks (Social Commentary) (2004). Rough satire (or is it satire?) to read right before we moved to the suburbs.
Running for My Life - Lopez Lomong and Mark Tabb (Biography) (2012). Recommendation from Colleen Baker. Inspiring story of how one of the lost boys of Sudan became a US Olympic athlete. Just a few weeks ago, Lopez Lomong won both the 5000m and 10,000m at the U.S. Championships.
Deep Work - Cal Newport (Self-Help) (2016). Georgetown computer science professor argues that there are increasing rewards for “deep work” (challenging work, requiring full concentration), but that society is pushing us toward “shallow work” with social media, constant e-mailing, open office, and the like. He suggests setting routines, fully resting (embracing boredom), and scheduling internet use (and avoiding the internet outside of those times).
Advanced Marathoning - Pete Pfitzinger and Scott Douglas (Fitness) (2d. 2009). Recommended by two of the best runners I know. Will use this book (along with the advice of my friend and supper runner Joey Elsakr) to train for the Rocket City Marathon in December 2019. The third edition is now available.
Gilead - Marilynne Robinson (Novel) (2004). Narrator shares his experiences and the experiences of his father and grandfather as ministers in Gilead, Iowa. Winner of the Pulitzer Prize for Fiction in 2005. On the short-list of President Obama’s favorite books.
Tuesday, July 30, 2019
University of Georgia, Terry College of Business Assistant or Associate Professor of Legal Studies Department of ILSRE
University of Georgia, Terry College of Business Assistant or Associate Professor of Legal Studies Department of ILSRE
The Department of Insurance, Legal Studies and Real Estate in the Terry College of Business at The University of Georgia invites applications for a full-time tenure-track or tenured faculty position of Legal Studies at the assistant or associate professor level, beginning Fall 2020.
Candidates must hold a juris doctorate or equivalent degree. For appointment at the assistant professor rank, strong communication skills and demonstrated potential for excellent teaching and high quality research is preferred. For appointment as an associate professor, a research record commensurate with rank and demonstrated excellence in teaching legal studies at the graduate and/or undergraduate level also are required. For information regarding the requirements for each faculty rank, please see the University of Georgia Guidelines for Appointment, Promotion & Tenure (https://provost.uga.edu/_resources/documents/UGA_Guidelines_for_APT_4_2017_online.pdf) and the Promotion & Tenure guidelines for the Terry College of Business (https://provost.uga.edu/_resources/documents/Business_2015.pdf). To be eligible for tenure on appointment, candidates must be appointed as an associate professor, have been tenured at a prior institution, and bring a demonstrably national reputation to the institution. Candidates must be approved for tenure upon appointment before hire.
Participation in service activities appropriate to the rank is expected. Salary is competitive and commensurate with qualifications.
Applications received by September 20, 2019, are assured of consideration; however, applications will continue to be accepted until the position is filled. Interested candidates should upload a cover letter, a full vitae, and contact information for three references (including email addresses) to http://www.ugajobsearch.com/postings/106535. The department will reach out to your references at the appropriate time in the process. No additional materials will be considered. Applications submitted in other ways will not be considered.
The University of Georgia is located in Athens, Georgia. Georgia is well known for its quality of life with both outdoor and urban activities (www.georgia.gov). UGA is a land grant/sea grant institution located approximately 60 miles northeast of Atlanta (www.uga.edu).
The University of Georgia is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, genetic information, disability, gender identity, sexual orientation or protected veteran status. Persons needing accommodations or assistance with the accessibility of materials related to this search are encouraged to contact Central HR (firstname.lastname@example.org). Please do not contact the department or search committee with such requests.
Sunday, June 16, 2019
One student, more than any other in the scandal, has been in the media’s crosshairs: Olivia Jade Giannulli. Olivia Jade - a social media influencer (whatever that means) - seems to be getting so much attention because of her famous parents (actress Lori Loughlin and fashion designer Mossimo Giannulli), and because of some unfortunate comments she made about college on YouTube. Olivia Jade said: "I don't know how much of school I'm going to attend but I'm going to go in and talk to my deans and everyone and hope I can try and balance it all. But I do want the experience of game day and partying, I don't really care about school. As you guys all know. " I don’t know much about Olivia Jade, but she comes across as spoiled, arrogant, selfish, entitled, obnoxious, and lacking self-awareness. In many ways, I hope my children and my students grow up to be her opposite.
In contrast, three runners who I have met at the Music City Distance Carnival (“MCDC”) track meet over the past few years embody character traits that I hope my children and students develop. These traits include toughness, self-discipline, humility, and perseverance.
First is Gabe Grunewald. Gabe passed away earlier this week, after four bouts with cancer. She ran the 1500m at MCDC 2017, just days after a round of chemo. Gabe was tenacious, but also immediately likable, kind, and selfless. Much of her massive, worldwide impact, stemmed from the positivity and resolve with which she faced her grim diagnosis. Her sponsor, Brooks Running, made this moving documentary that features some of her last races and shows the depth of her relationships. After her death, running clubs across the country gathered to run in her honor, and many pro runners featured #bravelikegabe on their race bibs. Gabe’s foundation still funds research to find cures for rare cancers.
Second, 50-year old, former Irish Olympian Shane Healy is still training and racing hard. At MCDC two weeks ago, Share broke the 50-54 year old world record in the mile (4:22), but he actually came in second to 53 year old Brad Barton who also broke the record in 4:19. I spoke to Shane the day after his race. He was gracious and thoughtful despite not claiming the record he flew across the Atlantic Ocean to secure. Shane's childhood (including time in an orphanage) and his adolescence (being bullied and facing financial difficulties) was rough, but seem to have helped build his resilience. He is currently in much better shape than the vast majority of people half his age, and is fiercely competitive, but I also sensed a kindness in him that is usually only found in people who have known deep pain.
Third, Heather (Dorniden) Kampf is probably best known for her college 600m race where she fell, but got up and willed herself to the win. (The 600m is almost a sprint, so this is incredibly impressive). Heather, now known as “the queen of the road mile,” has had a good bit of success, but has finished 7th and 15th in the U.S. Olympic Trials, failing to make the team. She has battled through injuries and even penned an article titled Embracing the Struggle. I talked with Heather briefly at MCDC, and I could quickly tell that she has benefited from not being handed success. She is putting in the work to continue to improve.
These runners are admirable, interesting, likable, and influential, in large part, because of their struggles, because of the way they faced adversity. Yet, the parents in the college admissions scandal, and "lawn mower parents" everywhere, seek to remove all adversity from the lives of their children. Professors now give more "As" than any other grade and the percentage of the top mark appears to be continually on the rise, even though I bet most professors would opine that the quality of student work product is declining overall. As a father of three young children and as a professor, I understand the urge to smooth the path - it is extremely difficult to watch people you care about struggle. Of course, there are times when we should step in and protect, but rather than shielding our children and students from all adversity, I believe we should teach them to deal with the inevitable struggles of life with integrity, humility, determination, and selflessness. As for Olivia Jade, I truly hope she takes her current adversity and uses it as a tool to shape positive character traits.
Wednesday, May 29, 2019
Joey Elsakr, a PHD/MD student at Vanderbilt University, has teamed up with his roommate for a blog called Money & Megabytes. The blog covers personal finance and technology topics, which I think may be of interest to many of our readers and their students.
Last year, convinced that students need more guidance on personal finance, I gave a talk at Belmont University on the topic. Given the very limited advertising of the talk, I was surprised by the strong turnout. The students were quite engaged, and some simple personal finance topics seemed to be news to many of them. I plan on asking Joey to join me in giving a similar talk next year.
One post that I would like to draw our readers' attention to is Joey's recent post on his monthly income/expenses. You can read the entire post here, but here are a few takeaways:
- Know Where Your Money Goes. How many students (or professors!) actually have a firm grasp on where they are spending money? While creating a spreadsheet like Joey's could be time consuming, the information gained can be really helpful (and just recording the information -- down to your nail clippers purchase! -- probably makes you more careful). Bank of America users can create something similar, very quickly, using their free My Portfolio tab.
- Power of Roommates: Many of my students complain of the high rent prices in Nashville. Some have even said "it is impossible to find a decent place for under $1000/mo." Joey pays $600/mo, in a prime location near Vanderbilt, in a nice building, because he has two roommates. Also, because he has roommates, Joey only pays a third of the typical utilities. Now, if you have the wrong roommates, this could be problematic, but having roommates not only helps save you money but also helps work those dispute resolution skills.
- Charitable Giving. I am inspired that Joey, a grad student, devotes a sizable portion of his income to charitable giving. Great example for all of us.
- Multiple Forms of Income. Even though Joey is a dual-degree graduate student at Vanderbilt and training to make the Olympic Trials in the Marathon -- he ran collegiately at Duke University -- Joey has at least four different streams of income. Other than his graduate stipend, his other three streams of income appear to be very flexible, which is probably necessary given his schedule. This income may seem pretty minor, but it adds up over the year, and it gives him less time to spend money.
- Food Budget. This is an area where I think a lot of students and professors could save a good bit of money. My wife and I have started tracking our expenses more closely and the food category is the one where we have made the most savings -- thank you ALDI's. A lot of the food expenses are mindless purchases---for me, coffee and snacks from the Corner Court near my office---and those expenses add up quickly over the month.
Follow Joey's blog. Even though I consider myself fairly well-versed on personal finance topics, Joey recently convinced me that a savings account is the wrong place to house my emergency fund. And I agree with Joey's post here -- paying attention to personal finance can actually be a fun challenge. Joey's blog also introduced me to The Frugal Professor, though I am not sure I am ready to take the cell phone plunge quite yet.
Friday, May 24, 2019
Currently, I am working on a project that looks at how social value is measured and reported. As I dig deeper, I am becoming even more convinced that measuring social value may be too difficult for us to do well.
Let’s take scooters as an example. How would you measure (and report) the social value of these scooter companies? How many points should a “third-party standard” assign for the jobs created, for the gasoline saved, for the affordable transportation provided, for the fun produced? How many points should you subtract for a death, for injuries, for obstructing sidewalks? In the language of the Model Benefit Corporation Legislation, how do you know if a scooter company is producing “[a] material positive impact on society and the environment, taken as a whole”?
Over the past few weeks, I’ve been diving into the B Impact Assessment, (which is the top third-party standard used by benefit corporations) and, frankly, the points assigned seem somewhat arbitrary and easy for companies to manipulate. In my opinion, almost any company, including a scooter company, could get the 80+ points needed to qualify as a certified B corp. if they learned and worked the system a bit (and, as most readers know, you don’t even have to be certified to become a benefit corporation under the state statutes.)
I know bright people who would emphatically argue that scooter companies create a “material positive impact,” and I know bright people who think scooter companies are socially destructive. Social reporting does not have to be totally useless; it would be interesting to have the data on scooter usage (how many people are using them for their commute, what is the injury rate relative to cars, etc?). But the total amount of social value is not easily reduced to numbers and social reports. Given the nuance of each decision, the various externalities, and the difficulty in quantifying the social impact, I have previously suggested giving stakeholder representatives certain governance rights (such as the ability to elect and sue the board of directors). This way, directors will be more likely to consider each stakeholder group when making decisions.
Monday, May 6, 2019
This was a busy semester, but I still managed to read a few books. Always open to recommendations.
Enough. John Bogle (Business) (2009). Vanguard’s founder reflects on business, money, satisfaction, and life. Easy read. Read this during a 2+ hour faculty meeting.
Half an Inch of Water - Percival Everett (Fictional Short Stories) (2015). A series of stories situated in the western U.S.--about loss, love, youth, aging, corruption, animals, and the wilderness. My favorite story is “A High Lake” because it reminds me of my grandmothers’ independence, intelligence, and care before they died.
The Enduring Community - Brian Habig and Les Newsom (Religion) (2001). Co-authored my a minister to two of my siblings while they were at the University of Mississippi (Newsom). Attempts to clarify the roles of the Church in community.
Heavy - Kiese Laymon (Memoir) (2018). Raw memoir in which the author struggles with his weight, abuse, racism, addiction, and depression. Laymon was raised in Jackson, MS and is an English professor at University of Mississippi, after a number of years on the faculty at Vassar College.
Educated - Tara Westover (Memoir) (2018). Pitched as the remarkable story of the author’s journey from a survivalist family that did not believe in formal schooling to a Cambridge PHD. But I think the book is more interesting as a look at how memories are formed, abuse, family, and mental illness.
Monday, April 29, 2019
On Sunday morning, Rivers Lynch, a beloved member of my wife’s side of our family, died suddenly of natural causes. Rivers spent his professional life as an educator – over four decades as a teacher, an administrator, a driving instructor, and a coach of various sports. In 2007, he was inducted into the South Carolina Athletics Coaches Association Hall of Fame for his many successful seasons as a tennis coach, including 11 state championships. Even this year, at the age of 72, he continued to coach the Myrtle Beach High School tennis team.
The outpouring of support on social media has been incredible to witness. Rivers, quite literally, positively affected the lives of thousands of students, colleagues, neighbors, and family members. A few of the countless posts include words like: “I’ve yet to meet anyone so kind and caring.” “Every single person was special to him.” “Truly humble…always greeting me with a smile and making me feel welcome.” “The truest most genuine person I’ve ever had the honor to know.” “A father like figure to all of us.” “A beautiful soul…that smile always brightened my day.” “Touched so many lives.” “Always championed students who were ‘underdogs.’” “My favorite teacher.” “The hero most of us didn’t deserve.”
How did Rivers make such a positive difference in the lives of so many people?
Three interrelated things spring to mind. A Genuine Smile. The headline for Myrtle Beach Online noted what so many people remember about Rivers – that he was “always smiling.” I can’t remember Rivers without his ear to ear smile that absolutely lit up every room he entered. Focused on Others. Rivers won numerous awards as an educator, but he always turned the attention to the success of others. He had well over 3000 Facebook friends (and many more in-real-life-friends), and he constantly celebrated the achievements of his students, colleagues, and family members. He was truly interested in the details of your life, had a remarkable memory for past conversations, and was always fully present. Relentlessly Positive. Rivers was an optimist. While I heard that he could be tough as a coach when the time called for it, he preferred to uplift. Sadly, at least one study shows that pessimism pays in the study of law, but Rivers’ approach to life always reminded me of the deeper benefits of focusing on the positive.
On June 22, 2010, I met Rivers for the first time. On that day, I drove from Charleston to North Myrtle Beach to meet my girlfriend’s extended family. I already knew Katie was the woman I wanted to marry, but I was a bit intimidated at the thought of walking into their family reunion at Rivers’ home. I convinced my youngest brother Sam to join me for support, and we stopped at an outlet mall where we bought him a respectable, collared shirt for the occasion. As I approached Rivers’ front door, I started to sweat even more than typical in the South Carolina summer heat. But, as soon as Rivers opened the door--beaming and offering some spectacular lemonade--I instantly felt welcomed. I remarked to my now mother-in-law that in just a few hours Rivers made me feel like his best friend. Reading over the Facebook comments again, it seems like Rivers made a lot of people feel that way, and he somehow managed to uplift thousands of people in a completely authentic manner.
I cannot fully explain how Rivers positively affected so many people during his time as an educator, but his life reminds me of the power of a genuine smile, the strength of selflessness, and the benefits of an optimist outlook.
Monday, April 1, 2019
Dedicated BLPB readers may recall that I offered advice to job seekers in a series of posts a few (now almost three) years ago. The most recent in that series (which links to the prior posts as well as an earlier post written by BLPB co-editor Haskell Murray) related to "networking cover letters"--communications designed to get you a meeting (or at least start a productive conversation) with someone who may be able to help you progress in your professional development. That post can be found here.
A few weeks back, a friend sent me a link to this article in The New York Times. The link was accompanied by a query: "For students?" My response: "Yes! For students!"
The authors of the article see many things that I also saw as successes and perils in these kinds of communications. For example, taking my four points from that 2016 post in turn, set forth below are a few related things that the more recent article affirms.
- Respect your reader's time: "[I]t can be difficult or even unrealistic for a busy professional to coordinate bespoke consultation appointments for everyone who asks."
- Sell your strengths: "[I]mmediately highlight any commonalities and unique bonds you have." "[A]rticulate why this person is distinctly qualified to give you the knowledge you seek. Make a clear, compelling case for why you’re initiating contact. Be vulnerable, and get to the heart of why you’re reaching out."
- Consider the timing of your letter: "Expect light homework, deferrals, referrals or delays in response to a cold email asking to pick their brain."
- Stick to it: "If the expert asks you to keep them updated with your progress, do it! Continue the dialogue." "Take any relevant advice offered and let the expert know how implementing the advice panned out."
Another important tip from the article is to look at the communication as a chance to build a relationship. (“It’s not about checking a box. It’s about meeting someone and connecting to really build a relationship”). And always important (but sometimes overlooked): "Experts agree you should offer to pay for drinks or a meal. Take notes if appropriate, put your phone down (or stash it out of sight) and focus on the discussion at hand."
This is all great stuff. Many of us have opportunities to convey this kind of information to students or confirm it by repeating it to them. We should take advantage of those opportunities when they arise to enable our qualified students to get the jobs they seek.
Monday, February 25, 2019
Business Law and Ethics Faculty Position (Tenure-Track) - Suffolk University, Sawyer Business School
BUSINESS LAW & ETHICS FACULTY POSITION
SAWYER BUSINESS SCHOOL
BOSTON, MASSACHUSETTS 02108
POSITION: Business Law & Ethics Faculty position at the Assistant Professor rank. The anticipated start date is Fall 2019. This is for a tenure-track position. Applications will be accepted until the position is filled.
- J.D. from and ABA-accredited law school.
- B.A or other relevant graduate business degree from an AACSB-accredited school.
- A relevant Ph.D. from an AACSB-accredited school may be substituted for the graduate degree requirement.
- Potential for excellent teaching and research.
- Candidates with industry experience are encouraged to apply.
- Candidates with an expertise in corporate compliance, intellectual property, or data privacy are encouraged to apply.
JOB RESPONSIBILITY: Suffolk University emphasizes both teaching and research. The standard teaching load is 5 semester courses per academic year. Candidates must have a commitment to research which leads to quality refereed publications. BLE faculty conduct research in various business law and ethics journals which may include both legal and social science outlets.
THE BUSINESS SCHOOL: The Sawyer Business School offers undergraduate and graduate degrees, including BSBA, MBA and other graduate programs along with several joint degrees The Sawyer Business School has over 100 full-time faculty members and is internationally accredited in business and accounting by the AACSB.
THE UNIVERSITY: Suffolk University is a private school located in Boston, next to the financial district. The university serves a culturally-diverse student population who come from all over the world.
APPLICATION: Candidates are invited to send an application letter; resume; as well as, the following documents where applicable: teaching evaluations; a copy of their transcript; and names, addresses and phone numbers of at least three references to: Jason Peterson, Chair and Associate Professor, Business Law & Ethics Department; Suffolk University, Boston, MA.
Please send (email only) all application materials c/o:
Business Law & Ethics Department
***Please refer to this listing in the Subject Line of your email.*
Wednesday, February 13, 2019
Posted by request. Looks like a good event:
Law and Ethics of Big Data
Hosted and Sponsored by:
Washington and Lee University School of Law
Kenan Institute for Ethics, Duke University; The Virginia Tech Center for Business Intelligence Analytics; The
Department of Business Law and Ethics, Kelley School of Business, Indiana University Bloomington
Wednesday-Thursday, April 24-25, 2019
Abstract Submission Deadline: Friday, March 1, 2019
We are pleased to announce the annual research colloquium, “Law and Ethics of Big Data,” which will be held this
year at Washington and Lee University School of Law in Lexington, Virginia. This year’s colloquium is co-hosted
by Associate Professor Margaret Hu at Washington and Lee University School of Law and Kenan Visiting Professor
at Duke University’s Kenan Institute for Ethics, Associate Professor Angie Raymond of Indiana University, and
Professor Janine Hiller of Virginia Tech.
Due to the success of this multi-year event that now is in its sixth year, the colloquium will be expanded and we seek broad participation from multiple disciplines. Please consider submitting research that is ready for the discussion stage. Each paper will receive detailed constructive critique. We are targeting cross-discipline opportunities for colloquium participants.
Examples of topics appropriate for the colloquium include: Ethical Principles for the Internet of Things, Intellectual Property and Data Intelligence, Bribery and Algorithms, Ethical Use of Big Data, Health Privacy and Mental Health, Employment and Surveillance, National Security, Civil Rights, and Data, Algorithmic Discrimination, Smart Cities and Privacy, Cybersecurity and Big Data, and Data Regulation. The organizers have a special interest in papers focused on the law and ethics of Artificial Intelligence. We seek a wide variety of topics that reflects the broad ecosystem created by ubiquitous data collection and use, as well as its impacts on society.
TENTATIVE Colloquium Details:
• The colloquium begins at 9:00 am with breakfast on April 24 and concludes at ~1:00 pm at the conclusion of lunch on April 25. The University will host a research colloquium dinner on April 24. Breakfast and lunch will be provided at Washington and Lee University on April 24-25.
• Approximately 40 minutes is allotted for discussion of each paper presentation; 5-10 minutes for an introductory presentation by the discussant, followed by 30-35 minutes of group discussion. Authors will not present their own papers to the group; rather, a paper discussant presents the work and leads the group dialogue that follows.
• Manuscripts will be circulated among participants only.
• Participants agree to read and be prepared to participate in the discussion of all papers. Each author may be asked to lead discussion of one other submitted paper.
• A limited number of participants will be provided with lodging, and all participants will be provided meals during the colloquium. Travel and all other expenses will be individually assumed by each participant.
Submissions: To be considered, please submit an abstract of 500-750 words to Margaret Hu at email@example.com no later than Friday, March 1, 2019. Abstracts will be evaluated based upon the quality of the abstract and the topic’s fit with the theme of the colloquium and other presentations. Questions may be directed to Margaret Hu (firstname.lastname@example.org), Angie Raymond (email@example.com), or Janine Hiller (firstname.lastname@example.org). If you are interested in being a discussant, but do not have a paper to present, please send a statement of interest to the same.
Authors will be informed of the decision by Friday, March 8, 2019. If accepted, the author agrees to submit a discussion paper by Friday, April 12, 2019. While papers need not be in finished form, drafts must contain enough information and structure to facilitate a robust discussion of the topic and paper thesis. Formatting can be either APA or Bluebook. In the case of papers with multiple authors, only one author may present at the colloquium.
Monday, January 7, 2019
Twitter tells me that there was a good bit of conversation at the AALS conference about the law review-based system of scholarship. If you want to try your hand at a different system, namely the double-blind peer-reviewed system, here is a call for papers from a legal journal in that system.
The Atlantic Law Journal is now open for submissions and is soliciting papers for its upcoming Volume 21 with an expected publication date in summer 2019. We are now also accepting book review submissions for books related to business law/society/legal studies. The Atlantic Law Journal is listed in Cabell's, fully searchable in Thomson-Reuters Westlaw, and listed by Washington & Lee. The journal is a double-blind peer-reviewed publication of the Mid-Atlantic Academy of Legal Studies in Business (MAALSB). Acceptance rates are at or less than 25%, and have been for all our recent history. We publish articles that explore the intersection of business and law, as well as pedagogical topics. Please see our website at http://www.atlanticlawjournal.org/submissions.html for the submission guidelines, the review timeline, and more information regarding how to submit. Submissions or questions can be sent to Managing Editor, Dr. Evan Peterson, at email@example.com.
Friday, December 21, 2018
If you are looking for podcasts over the break, I recommend Professor Brian Frye's Ipse Dixit. I have only listened to a handful of the 75 episodes, but I learned something new in each one.
A big thanks to Brian for putting all of these podcasts on legal scholarship together. The podcasts cover a wide range of legal topics, mostly in an interview format with other professors.