Document Type


Publication Date



It’s a delight to be here. When I started working on Value Creation by Business Lawyers – or when I was in law school – we could have held today’s meeting in a telephone booth. There was nothing even remotely in the curriculum. Victor Brudney and Marvin Chirlestien’s Corporate Finance book was still in mimeograph form – note the dated technology reference. David Herwitz’s Business Planning book had been around for a while, but it was strictly legal. And that exhausted it. What I take the greatest pleasure from is the fact that a number of years later, enough to make me feel old, it still seems that I got the question right: how do business lawyers create value for their clients? The answer to that question is always going to be time and circumstance mediated but the question remains the same.


Business Organizations Law | Law | Law and Economics