Paul H. Edelman

Document Type

Article

Publication Title

Green Bag 2D

Publication Date

2009

Page Number

157

Keywords

risk management, legal academia, derivatives, satire

Disciplines

Law | Legal Education | Legal Writing and Research

Abstract

Building on the success of derivatives markets in the financial arena, I show how similar markets can be used to hedge risk in legal academia. Prudent use of these markets will generate cash, mitigate errors in hiring, and increase the academic prestige of law schools. In short, they can do for legal academia what they have already done to the financial world.

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