Lloyd A. Palans, Comments on Eisenberg, Differing Perceptions of Attorney Fees in Bankruptcy Cases, Chapter 11, Empirical legal studies, Hindsight bias
Bankruptcy Law | Corporation and Enterprise Law
Mr. Palans' comment raises one worthwhile question. Most of the rest of his rant is either off the subject or too shallow to warrant extended discussion. The useful question Mr. Palans raises is whether this research is of value. The article did not defend this mode of work; perhaps I am too immersed in it to always keep in mind the merits of discussing the question. So let me spell out its benefits here.
Eisenberg, Theodore, "The Value of Obvious Empirical Results and the Omniscient Mr. Palans: Response to Mr. Palans' Comments" (1994). Cornell Law Faculty Publications. Paper 371.
Published in: Washington University Law Quarterly, vol. 72, no. 3 (Fall 1994).