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Full-Text Articles in Law

Delivering Legality On The Internet: Developing Principles For The Private Provision Of Commercial Law, Gillian K. Hadfield Aug 2004

Delivering Legality On The Internet: Developing Principles For The Private Provision Of Commercial Law, Gillian K. Hadfield

Gillian K Hadfield

No abstract provided.


Privatizing Commercial Law: Lessons From Icann, Gillian K. Hadfield Aug 2002

Privatizing Commercial Law: Lessons From Icann, Gillian K. Hadfield

Gillian K Hadfield

No abstract provided.


The Price Of Law: How The Market For Lawyers Distorts The Justice System, Gillian K. Hadfield May 2000

The Price Of Law: How The Market For Lawyers Distorts The Justice System, Gillian K. Hadfield

Gillian K Hadfield

Why are lawyers so expensive? This paper explores the economics of the markets for lawyers and the reasons why pricing for lawyers departs from competitive pricing. Unlike conventional analyses, which emphasize entry restrictions, this analysis emphasizes market imperfections due to the nature of legal reasoning and practice and in particular the role of increasing returns to specialization and cognitive skill. The analysis also emphasizes the impact of market dynamics on the distribution of legal services, particularly high end legal work, between corporate and individual clients.


The Price Of Law, Gillian K. Hadfield Jan 2000

The Price Of Law, Gillian K. Hadfield

Gillian K Hadfield

No abstract provided.


Problematic Relations: Franchising And The Law Of Incomplete Contracts, Gillian K. Hadfield Dec 1989

Problematic Relations: Franchising And The Law Of Incomplete Contracts, Gillian K. Hadfield

Gillian K Hadfield

This paper explores an alternative approach to the analysis of franchise contracts which takes seriously their unavoidable incompleteness. The point of departure is the fundamental insight of relational contracting theory, namely that when a contract is embedded within an identifiable relationship, such as the franchise relationship, contractual obligations are often modified, supplemented or completely supplanted by the norms of the ongoing relation. Thus far, the explication of this insight has been along largely theoretical lines. My objective in this article is to further develop the theoretical analysis of the importance of relational elements in order to fashion operational guidelines for …