Comments on: Steel, Patience amid Adversity http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html The Law, the Universe, and Everything Tue, 14 Feb 2012 05:18:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Lia http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43973 Lia Fri, 13 Mar 2009 05:47:55 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43973 Professor Cunningham, Thank you for bringing this insight to your students! Our discussion in Contracts the other morning was very uplifting. I totally agree with you and Mr. Buffett-- patience is a virtue. It's also a prereq. to our societal pleasure. Good times are meaningless if they are not perceived. And, perception requires distinction. "The sweet just ain't as sweet without the bitter baby." Professor Cunningham,

Thank you for bringing this insight to your students! Our discussion in Contracts the other morning was very uplifting.

I totally agree with you and Mr. Buffett– patience is a virtue. It’s also a prereq. to our societal pleasure. Good times are meaningless if they are not perceived. And, perception requires distinction. “The sweet just ain’t as sweet without the bitter baby.”

]]> By: A.J. Sutter http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43972 A.J. Sutter Wed, 11 Mar 2009 17:54:07 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43972 Thanks and glad to hear it, since the impression made by the more straightforward reading was not at all characteristic of your posts. Thanks and glad to hear it, since the impression made by the more straightforward reading was not at all characteristic of your posts.

]]> By: Lawrence Cunningham http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43971 Lawrence Cunningham Wed, 11 Mar 2009 17:37:53 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43971 A.J., To be clear, my reference to Prof. Ribstein's analogy to debt was intended as critical and my sentence you quote dismissive; I hope you detect some warmth and empathy in the rest of my post. --LC A.J.,

To be clear, my reference to Prof. Ribstein’s analogy to debt was intended as critical and my sentence you quote dismissive; I hope you detect some warmth and empathy in the rest of my post.

–LC

]]> By: A.J. Sutter http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43970 A.J. Sutter Wed, 11 Mar 2009 15:23:52 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43970 I'm sorry, the Larry Ribstein article you link to is a perfect example of the dehumanized discourse about associates that some of the other commenters in the past few days have been complaining about. E.g., "The more general point here that is sometimes ignored in the 'leverage' analogy is that, unlike conventional debt, which can be used to buy anything, human leverage bundles the asset with the liability. Moreover, the bundle is tightened by the fact that the debt aspect, by affecting incentives, also helps determine the value of the asset." Talking about people, many of them with families and other dependents, in terms like these is repellent. If law students are shocked that their profs can't muster anything warmer or more empathetic to say about the current situation than "These studies of the economics of law practice may be interesting," I can't blame them. I’m sorry, the Larry Ribstein article you link to is a perfect example of the dehumanized discourse about associates that some of the other commenters in the past few days have been complaining about. E.g., “The more general point here that is sometimes ignored in the ‘leverage’ analogy is that, unlike conventional debt, which can be used to buy anything, human leverage bundles the asset with the liability. Moreover, the bundle is tightened by the fact that the debt aspect, by affecting incentives, also helps determine the value of the asset.” Talking about people, many of them with families and other dependents, in terms like these is repellent.

If law students are shocked that their profs can’t muster anything warmer or more empathetic to say about the current situation than “These studies of the economics of law practice may be interesting,” I can’t blame them.

]]> By: Miriam Cherry http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43969 Miriam Cherry Wed, 11 Mar 2009 08:54:27 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43969 Just to make it clear, the chaos to which I refer is in the financial market, not the other posts on this blug... ha ha ... Just to make it clear, the chaos to which I refer is in the financial market, not the other posts on this blug… ha ha …

]]> By: Miriam Cherry http://www.concurringopinions.com/archives/2009/03/patience_amid_a.html/comment-page-1#comment-43968 Miriam Cherry Wed, 11 Mar 2009 08:52:55 +0000 http://www.solove.org/archives/2009/03/steel-patience-amid-adversity.html#comment-43968 Thanks, Larry, for writing a post that is sane and logical amid a great deal of chaos. Thanks, Larry, for writing a post that is sane and logical amid a great deal of chaos.

]]>