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The story of Theranos and disgraced CEO Elizabeth Holmes highlights numerous missed opportunities for effective intervention by corporate counsel. In particular, the lawyers at Theranos served as weak gate-keepers who were easily steamrolled by a power-drunk entrepreneur. The dominant business law pedagogy contributes to this problem by emphasizing litigation mitigation as the primary function of corporate lawyers. This framing improperly minimizes the role and influence of transactional attorneys to the detriment of all involved. Law Professors can change this narrative through much needed pedagogical innovation. Currently, any innovation in business law courses centers on the incorporation of drafting and other lawyering skills. While a valuable component of preparation for practice, this approach is incomplete. I argue that contextualizing the role of corporate counsel in practice is a core competency for law students. By doing so, we introduce students to the challenges and expectations of transactional practice that are often unaddressed by case law. This Article argues for incorporating the concept of 'learning for transfer" within doctrinal business law pedagogy to train and empower good transactional attorneys. [ABSTRACT FROM AUTHOR]

The article presents the highlights of the 2019 Association of American Law Schools (AALS) Annual Meeting held in New Orleans, Louisiana. Law professors discussed solutions to address the racial disparities in the U.S. and their effect on economic justice. Clinicians, non-clinicians and community economic development (CED) scholars made presentations on the beneficiaries of CED initiatives and the effect of the racial wealth gap on minority entrepreneurs.

This Article will address a pervasive and growing problem for returning citizens--high rates of economic insecurity-- and, as a novel solution, propose the creation of Economic Justice Incubators ("EJIs ") as a new, municipally-led social enterprise strategy. Mass incarceration is a national problem and requires comprehensive criminal justice reform. In contrast, the reentry process is locally focused due to a complex web of collateral consequences arising from state and local laws. An estimated 641,000 people return home from prison each year, many to economically distressed communities. Once released, the terms of their parole and the collateral consequences associated with their conviction restrict their mobility. Successful reentry initiatives require strong community and local government investment dedicated to supporting returning citizens post-release. Without targeted, short-term policy solutions, these individuals will remain trapped within the cycle of poverty and criminalization that pervades these disadvantaged geographic spaces. This Article will focus on one major obstacle that repeatedly impedes successful reentry: economic insecurity and disenfranchisement from viable employment opportunities. The existing nonprofit model is intrinsically flawed as a means of economic enfranchisement because it fails to adapt to the lack of available jobs within disadvantaged geographic spaces and the larger transition to a knowledge-based economy. As a new strategy, this Article will propose municipally-led EJIs to support returning citizen entrepreneurs. Many local governments currently incubate and accelerate businesses as part of a growing local economic development strategy, often using public funds and resources to support these private enterprises. This Article will advocate fo r the equitable expansion of these municipal incubator programs to provide additional economic opportunities for returning citizens. [ABSTRACT FROM AUTHOR]

The article explores transactional law clinics that provide pro-bono corporate and transactional legal services to entities that cannot afford private counsel. Topics discussed include the different contexts of social justice lawyering and transactional law, changes in law clinics under the administration of U.S. President Donald Trump, community projects of Entrepreneurship and Innovation Clinic (EILC) and creating a supportive and open environment to reduce tensions in the classroom.

The article focuses on the worker cooperatives and their potential role supporting vulnerable workers and disenfranchised communities in the changing U.S. economy. It mentions that benefits of worker cooperatives to individual workers and the community and the challenges and obstacles faced by today's worker cooperatives. It mentions that preserved the social mission of supporting entrepreneurs as opposed to the financial gains of shareholders and the worker cooperative have voting rights.

The article focuses on the worker cooperatives and their potential role supporting vulnerable workers and disenfranchised communities in the changing U.S. economy. It mentions that benefits of worker cooperatives to individual workers and the community and the challenges and obstacles faced by today's worker cooperatives. It mentions that preserved the social mission of supporting entrepreneurs as opposed to the financial gains of shareholders and the worker cooperative have voting rights.