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Cottage industry: court reporters

The stenograph transcription industry (generally referred to as the “court reporting” industry) has more than 4,000 companies (sometimes called “agencies”), 40,000 reporters, and annual revenue of more than $2 billion. Most court reporters are hired by the litigation partner at the law firm that represents the company. Some of the…

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Empirical studies of law departments

Econometrics is a self-consciously empirical approach to economics that blends theory, measurement, and statistical techniques. Taking the same approach are academic jurists who belong to the empirical legal studies movement (See my posts of Oct. 23, 2005 regarding this discipline yet the dearth of academics who study law departments.). Unfortunately,…

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Cottage industry: litigation and trial consultants

Litigation consultants work with law departments to map out case strategies, prepare courtroom exhibits, and provide forensic analysis. From a website came the following list: Charles River Associates (Boston, MA); Decision Research (Boston, MA); Economic Analysis Corporation (Los Angeles, CA); Economists Incorporated (Washington DC); FinEcon (Los Angeles, CA); Law &…