Marcus Arnold and Michael Lewis, © Capital Pictures

In this post, I tell an old Michael Lewis story that bears on the law. Remarkably, most of the insights come from a 15-year-old boy named Marcus Arnold, pictured above with Lewis circa 2001.  I then review the U.K.’s journey to market liberalization, including the repeal of the British version of Model Rule 5.4.  
Continue Reading


A worksheet to help innovators avoid failure


The graphic above is worksheet designed to aid the development and adoption of legal innovations. I created it for my “How Innovation Diffuses in the Legal Industry” courses at Bucerius and Northwestern Law (downloadable PDF available here). This past week, I had the opportunity to present it at LMA’s P3 Conference in Chicago.
Continue Reading