On Tuesday, May 17th The Arthur and Toni Rembe Rock Center for Corporate Governance hosted a conversation with "The King of Torts" Joe Jamail.
During this discussion, Jamail discussed why plaintiff's lawyers are much maligned by corporate players and whether there was a rational argument to be made that some of the plaintiff's bar activity should be embraced (even encouraged) by the likes of independent directors and certain institutional shareholders. If so, what stands in the way of a deeper understanding of the information, incentives, justice, and checks and balances that plaintiff's lawyers inject into the corporate ecosystem?