Hearsay: Short takes from faculty op-eds on business and finance

“The Compensation Game” Professor Lucian Bebchuk LL.M. ’80 S.J.D. ’84 and Rakesh Khurana, professor at Harvard Business School Forbes India April 8, 2013 “Reports about the high pay of star athletes are often greeted with awe and approval rather than outrage. The rise of executive pay, its defenders claim, is no more problematic than the fact that, say, Red Sox slugger Manny Ramirez is paid much more than earlier stars like Ted Williams.

Briefs: Lessons, legal services, and luminosity


Ernest Shackleton’s first journey to the Antarctic in the early 1900s ended in a very public failure. On his second journey, in a race to the South Pole, he turned back within 100 miles of his goal. In his third expedition, not only did he fail to traverse Antarctica, but his ship was destroyed by ice, stranding the crew on ice floes for more than a year. So why do law and business students and executives in legal and business organizations study Shackleton as an example of successful leadership?

How It All Adds Up


Stephanie Atwood ’13 started her 3L year several days early in a basement classroom of Wasserstein Hall in a new intensive “boot camp” on accounting and finance. In just three days, Atwood and 44 classmates learned a credit’s worth of previously foreign-sounding concepts such as internal rate of return and the cost of capital.

A Self-Advocate Is Now Also a Legal Advocate

A Self-Advocate Is Now Also a Legal Advocate

As a deaf-blind student with very limited sight and hearing, Haben Girma '13 learned that you must be a self-advocate and come up with creative solutions to the problems you face. If that fails, she says, then the law can be a strong ally.

A clear and future danger? Blum explores ‘Invisible Threats’ in national security and law

A clear and future danger? Blum explores ‘Invisible Threats’ in national security and law 2

In her essay “Invisible Threats,” Harvard Law Professor Gabriella Blum LL.M. ’01 S.J.D. ’03 builds on themes from a joint book project with Benjamin Wittes of the Brookings Institution.

Debt Trap


Many for-profit colleges, which get the overwhelming majority of their revenues from federal financial aid programs, rely on high-pressure tactics and false employment and salary guarantees to lure students into taking out loans. Now, through the efforts of Harvard Law School alum Toby Merrill ’11, some of the victims of these practices can get free legal aid to enforce their rights.

A Pre-eminent Influence


When Harvard Law Professor Daniel Meltzer ’75 was named director of the American Law Institute in January, he joined a long line of members of the HLS community who have helped shape the direction of the law from inside the ALI.

The Transformations of Morton Horwitz


For a young law student arriving at Harvard Law School in the fall of 1988, Morton Horwitz [’67] seemed to encapsulate everything that I (no doubt, naively) expected to see in a Harvard professor. Among the students, he was widely known as “Mort the Tort,” for the passion that he brought to the class with which he was most widely identified.

Serving Those Who Have Served


The Board of Veterans’ Appeals of the U.S. Department of Veterans Affairs denies a soldier’s claim for disability benefits for an injury that occurred while he was on active duty. But the decision is handed down while the soldier is redeployed to Afghanistan, and he doesn’t realize he has the right to appeal until after he returns stateside—after the appeal deadline has passed. For students in HLS’s new Veterans Legal Clinic, the chance to work on this case and others like it is eye-opening.

Lawyers as Advisers

Since the first meeting of the seminar taught by David Barron ’94 of Harvard Law School and Archon Fung of Harvard Kennedy School, students had been using case studies co-authored by the two professors that put them in the situation room with advisers on real-world problems at the intersection of law and policy. But during a session of Public Problems Advice, Strategy and Analysis in November a player in the case they were discussing sat at the table with them: Josh Stein. J.D. /M.P.P. ’95, North Carolina state senator and Democratic minority whip, who had first-hand experience with an innovative but contentious piece of legislation: The North Carolina Justice Act.