This unique collection of ten significant ethics rulings reveal the rich background surrounding salient cases on issues of race, gender, class, taxation, bankruptcy, defense representation, confidentiality, practicing with law partners, and greed. The story behind each case provides a look into its immediate impact as well as its continuing importance in shaping the law. This book serves as a reminder that ultimately law is about human beings, not ?doctrines? or even ?cases,? because the human lives it addresses are real and vivid. The stories typify issues that most lawyers confront in one form or other at some time in their careers. In a striking way, the stories bring a human dimension to the pressures lawyers face, the ethical decisions they confront, the institutions they work in, and the daily choices they make.

The efficacy of various political institutions is the subject of intense debate between proponents of broad legislative standards enforced through litigation and those who prefer regulation by administrative agencies. This book explores the trade-offs between litigation and regulation, the circumstances in which one approach may outperform the other, and the principles that affect the choice between addressing particular economic activities with one system or the other. Combining theoretical analysis with empirical investigation in a range of industries, including public health, financial markets, medical care, and workplace safety, Regulation versus Litigation sheds light on the costs and benefits of two important instruments of economic policy.