Law School Blogs

By: Tianna Larson Robinhood has come under fire once again, this time for failing to properly disclose its payment for order flow practices. The trouble comes after recent enhancements to the order flow disclosure requirements, reflecting the SEC’s concern about the practice.[1] While controversial, order flow revenue supports most brokerage firms’ ability to provide free or low-commission trades to retail investors. In a crude sense, the practice reflects a steal-from-the-rich ethos. However, a…
September 17 marks Constitution Day, a day to commemorate the signing of the U.S. Constitution—undoubtedly the most influential document in American history—in 1787. In order to celebrate, IAALS is looking back on a series of perspectives we published in 2016, authored by members of our O’Connor Advisory Committee. Comprised of leaders across our government, judiciary, and legal profession, the group of authors share their wisdom and experience, grounded in a belief that an independent…
On September 17, IAALS Founding Executive Director Rebecca Love Kourlis and U.S. Supreme Court Justice Neil Gorsuch published an op-ed in USA Today commending recent legal regulatory reforms in Utah and Arizona, and calling for more states across the country to make similar bold changes. Kourlis and Gorsuch make the case that our legal system—as it operates now—is too inaccessible for everyday Americans and that legal services are out of reach. And they acknowledge that,…