Lateralling: A Jumper’s Feat

There seems to be a well-beaten path from prestigious law school to prestigious law firm, but the path to partnership at the top Biglaw Am firms is not nearly as clear. After a few years of working as an associate, lawyers find themselves with two apparent options: either stick it out and strive to make partner by meeting ambiguous requirements, or leave their firm. Those who do decide to stay at their firm have a long road ahead of them, […] (More →)

The Deregulatory Stance of President-elect Trump

On November 14, 2016, Mary Jo White announced that she will step down from her position as the Chief of the Securities and Exchange Commission (“S.E.C.”). As the 31st Chair of the commission, her accomplishments include a record-breaking number of enforcement action filings as well as a “rapid pace of rule-writing based not only on Dodd-Frank, but on regulations of her own making.” Both efforts were directed at enhancing regulation of the asset management industry. With the impending Trump administration, […] (More →)

Amazon’s War on Counterfeits

Most of us associate counterfeit goods with knockoff Louis Vuitton bags sold at flea markets or on city sidewalks, but counterfeit products are now prevalent in the virtual world. The Internet has made the world smaller, allowing legitimate businesses to reach consumers globally while also providing counterfeiters a firm and sophisticated foundation for operations. With retail e-commerce on the rise, online counterfeiting poses a growing, global risk with negative consequences for consumers, businesses, governments and the economy. As the world’s […] (More →)

How will November’s Election Impact the Emerging FinTech Industry?

The United States of America lost its edge internationally as the beacon of equality and opportunity for all with the regressive outcome of the November 8 election. Soon, that outcome may doom the edge enjoyed by the American FinTech industry, too. “FinTech” refers to financial technology companies that are changing the way people transfer, spend, borrow, lend, pay, and invest money. These companies promise to disrupt finance and revolutionize money and credit by disaggregating banks and providing consumers with cheaper […] (More →)

Tweet Responsibly: Exploring the Impact of Social Media Use on the Creation of Wealth in Black Communities

In his 2011 State of the Union address, President Obama, while referencing American innovation, stated “We are the nation . . . of Google and Facebook.” There is no doubt that social media’s prevalence has grown since 2011. Social media is everywhere, but for most of us African Americans, it shouldn’t be anywhere. This post explores the intersection of social media use and the creation of wealth in Black communities. The Dearth of African American Wealth It’s no secret that […] (More →)

Japanese Corporate Governance Reform and Balancing Shareholder Primacy

When Prime Minister Shinzo Abe came to power in 2012, he promised sweeping economic reforms to revive Japan’s stagnant economy. His plan, dubbed “Abenomics,” includes “three arrows” of policy goals: monetary easing, fiscal stimulus, and structural reform. The third arrow, structural reform, is key to long-term economic health. As part of this third prong of his economic plan, Abe has taken on corporate governance reform. Although the jury is still out on the success or failure of Abe’s plan as […] (More →)

Verizon-Yahoo!: Understanding the Material Adverse Change Clause in Light of the Yahoo! Cyberattack

On October 13th, 2016, Verizon Communications, Inc. indicated that it may seek a renegotiation of its planned $4.8 billion cash acquisition of Yahoo!, which Verizon had planned to close in March 2017.  The interest in renegotiation is a result of Yahoo!’s public confirmation on September 22, 2016, that it had been the target of a massive cyberattack.  The data breach, said to have occurred in late 2014, is one of the largest cybersecurity breaches to date, with at least 500 […] (More →)

The Double-Sided Pressure of Diversity in Corporate Law Firms

Large law firms have always been focused on output and quantitative measures of success. Whether it is through the number of cases they have won, or the number of billable hours they have recorded, most firms measure their health in some quantitative way. Although this largely remains true today, the legal profession seems to be adding other indicators of success to their list and implementing new business practices to improve the longevity of the firm and the quality of client […] (More →)

Navigating Uncharted Territory: Understanding and Addressing the Expansion of N.L.R.A. Section 7 Employee Rights to the Investment Management Industry

In June 2016, a regional director of the National Labor Relations Board issued an administrative complaint against Bridgewater Associates. This complaint asserts that Bridgewater illegally suspended an employee in response to the employee’s threat to file an unfair labor practice charge against Bridgewater, and that the employment contract between the employee and Bridgewater unlawfully interferes with the rights provided by Section 7 of the National Labor Relations Act. The regional director’s complaint focuses on several aspects of Bridgewater’s restrictive employment […] (More →)

Overview of the new Korean Anti-Corruption Statute, the Kim Young-ran Act, and Comparison with U.S. Anti-Bribery Laws

It is a long rooted practice to take a client or contact to lunch or dinner. In many countries, it is an accepted form of business dealing. However, in South Korea, as of September 28, 2016, if the party involved in the wine and dine is a public official, civil servant, state-run company employees, journalist or educator, it is illegal to take them out to a meal that costs more than 30,000 KRW (less than 27 USD per person). The […] (More →)

About CBLR

Columbia Business Law Review is the first legal periodical at a national law school to be devoted solely to the publication of articles focusing on the interaction of the legal profession and the business community. The review publishes three issues yearly, which involve students in the editing of leading articles in business law, as well as the production of student-written notes.