Thursday, May 21, 2015

Those Who Can

In light of yesterday's news that Boyd law professor Nancy Rapoport would be chairing a committee to review legal fees and expenses in the Caesars bankruptcy, someone questioned the propriety of having a law professor (and law students as the article suggests) reviewing the fees and expenses of practicing attorneys. It was not a question about Rapoport as much as it was a question about law professors and law students. (It should be noted that although it has been awhile, Rapoport's Linked In resume does include 5 years in a law firm. It's also worth noting that she is no longer the Gordon Silver Professor of Law and is now the Garman Turner Gordon Professor of Law at Boyd.)

You've heard that saying, "Those who can, do. Those who can't, teach." What do you think? Is there any truth to it? Did any of your law school classmates become law professors? Would you like them reviewing your legal fees and expenses? Are there better options for a court to determine the reasonableness of fees and expenses?

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