Tag Archive for Judge Rakoff

The New York Review of Books On Entrepreneurial Litigation: It’s Rise, Fall, And Future

court room

In 2015, the New York Review of Books (NYRB) reviewed John Coffee Jr.’s book Entrepreneurial Litigation: It’s Rise, Fall, and Future. ┬áIn his book, Coffee writes about the reality of lawyer financed, lawyer controlled and lawyer settled cases and the murky agenda some attorneys may have in pursuing those cases. He also touches on the topics of class actions and how they play a role in entrepreneurial litigation. The NYRB’s article focused on the effect class actions can have stopping corporate wrongdoing. That article written by Judge Jed S. Rakoff, of the Southern District of New York, broached on the history of class actions, the possibility of misconduct on the part of plaintiffs’ attorneys, the future of class actions, and the recent moves by Congress and the Supreme Court on the topic of class actions.

At the very outset of a plaintiffs’ attorney’s career, they know they will have to carry the reputation and financial burden alone on their shoulders. In addition to being lawyers, they are also entrepreneurs. The firm lives and dies by the skill of the plaintiffs’ attorney, the cases they take, and their financial standing. Whenever they take part in litigating big or high profile cases, their motives are questioned. Whether they are driven by fees, bringing justice to their client or gaining the stature associated with the litigation. One would assume its a mix of all three, but a plaintiffs’ attorney’s main job is to be a strong advocate for their client. They have to be skilled enough and knowledgeable enough to present their client’s case in court. Plaintiffs’ attorneys have to be able withstand the wherewithal to litigate these cases where delays are imminent and payment is delayed.