Romano, After the Revolution

Roberta Romano has some interesting thoughts on the past and future of corporate law scholarship and teaching, in After the Revolution in Corporate Law.  Here's the abstract:       

Corporate law is a field that underwent as thorough a revolution   in the 1980s as can be imagined, in scholarship and practice,   methodological and organizational, in which finance and the   economic theory of the firm were used to inform the field. The   timing of this revolution was not a fortuitous occurrence: it   followed a revolution in corporate finance and the theory of the   firm, and was mid-wived in a period of dynamic innovation in   corporate transactions. The transformation in corporate law   scholarship and practice accomplished by this revolution, has   important implications for legal education in the 21st century.   There is a need for greater integration of law school and   management school curriculums, to ensure that law school   graduates will obtain the technical proficiency necessary to be   at the leading edge of corporate law practice and scholarship.   In addition, the sea change in corporate law scholarship places   law schools with larger faculties and associated with   universities with strong finance groups at a competitive   advantage in recruiting business law faculty and in maintaining   a first rate business law program. Corporate law centers have   emerged as an institutional device for smaller elite schools to   adapt to this new environment.