After the Revolution in Corporate Law

Abstract

Corporate law is a field that underwent as thorough a revolution in the 1980s as can be imagined, in scholarship and in practice, methodology, and organization. The term "revolution" is invoked all too often in popular culture, but as this article will suggest, it is entirely apt in this case. The revolution in corporate law has been so thorough and profound that those working in the field today would have considerable difficulty recognizing what it was like twenty-five to thirty years ago. I was fortunate to have started out in law teaching in that turbulent, transitional era, for it was an exciting time to be in corporate law.