I didn’t say it—a leading corporate law professor did—but I can’t deny that I share the sentiment. Especially when I read articles like this: Litigators ruin pretty much everything – ProfessorBainbridge.com.
Did I mention I’m a transaction lawyer? To quote my favorite New Yorker cartoon: “I am a member of the legal profession, but I’m not a lawyer in the pejorative sense.”
New-home sales in the U.S. were up 17.5% in December, but 2010 was still the worst year on record for the homebuilding industry. For the entire year, approximately 321,000 new homes were sold—the lowest number since 1963, and 14% below 2009. The December surge is attributed, in part, to a homebuyer tax credit in California.
See Home builders saw weak sales in 2010 – WSJ.com.
Here are links to the official version of the financial reform bill—which is officially titled the “Dodd-Frank Wall Street Reform and Consumer Protection Act”—as signed into law on July 21, 2010:
Here are links to the official versions of the health care bills, as signed into law:
- The main health care bill—which is officially titled the “Patient Protection and Affordable Care Act of 2010” (enacted March 23, 2010):
- The reconciliation bill—which is officially titled the “Health Care and Education Reconciliation Act of 2010” (enacted March 27, 2010):
Raise capital and get big fast like Amazon.com? (The “big bang” model.) Or grow organically like Ben & Jerry’s? For a discussion of the pros and cons of each model, see Strategy Letter I: Ben and Jerry’s vs. Amazon – Joel on Software. Required reading for entrepreneurs.