Arti K. Rai is the Elvin R. Latty Professor at the Duke School of Law, as well as Co-Founder and Faculty Director of the Duke Law Center for Innovation Policy. Her research findings have appeared in Forbes, the New York Times, Wired, and the Washington Times, as well as on Slate, Huffington Post, and ThinkProgress.org.
By: Blakely Blackford. Historically, many limited partners in private equity have voiced concerns that the limited partner agreements they sign with general partners are bad deals. Among the litany of concerns, two that come up most often are that general partners earn excessive fees, and that they earn carried interest on strong exits even if this exit follows a string of poor past returns. As the sector has cooled, the contracting pendulum has swung in favor
By: Blakely Blackford. At 3.1 million jobs, U.S. net employment growth in 2014 was the best since 1999. More notably, it brought the total job count to pre-crisis levels—welcome news after the 2008-2009 economic bloodbath that slashed 8.7 million jobs. The U.S. at the close of 2014 boasted 2.2 million more jobs than before the financial crisis, and by the end of 2015, that tally had grown by 2.7 million. Who created these jobs? What factors
By: Blakely Blackford. In March 2015, the Indiana state legislature passed the Religious Freedom Restoration Act (RFRA), a law which opponents argued legalized LGBT discrimination in the name of religious liberty. Ahead of and after its signing, Apple CEO Tim Cook was a voice of dissent. “I have great reverence for religious freedom. As a child, I was baptized in a Baptist church, and faith has always been an important part of my life. I was