Pauline Toboulidis | May 25, 2018 | Inside The ALI
The American Law Institute has been selected to be profiled by Visionaries Inc. for its upcoming 23rd season. Visionaries is a nonprofit educational organization dedicated to producing and distributing media that inspires individuals and communities to take action for...
Stephanie A. Middleton | April 17, 2018 | Inside The ALI
Council Rule 4.03 states: “To maintain the Institute’s reputation for thoughtful, disinterested analysis of legal issues, members are expected to leave client interests at the door. In communications made within the framework of Institute proceedings, members should...
William F. Lee | January 16, 2018 | Inside The ALI
The following has been adapted from a speech presented at ALI’s 89th Annual Meeting. I have been a member of this extraordinary institution for 30 years. For all of us, the ALI has been a meaningful and special organization. Since my election, much has changed...
Ward Farnsworth | December 28, 2017 | Inside The ALI, Torts: Economic Harm
This piece is adapted from a speech by Ward Farnsworth on November 14. I consider a Restatement in general to be an exercise in harnessing collective wisdom, not the wisdom of a Reporter. It’s an attempt to gather the collective wisdom of the courts in this country on...
Richard L. Revesz | December 22, 2017 | Inside The ALI
Today, it is considered axiomatic that a well-designed investment portfolio should balance risk and return in a manner that is consistent with the investor’s financial objectives, and that stocks, typically offering higher expected returns and higher risks, should...
Richard L. Revesz | December 10, 2017 | Inside The ALI
Because of Erie,1Erie RR. Co. v. Tompkins, 304 U.S. 64, 78 (1938). the phrase “common law” probably conjures in most lawyers’ minds the idea of state common law. And, not surprisingly, the Restatements are generally identified with state common law rules. Indeed, our...
