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 Pyramids, Pancakes, and Rule 5.4 (106)