O’Dwyer’s: Lawyers Block Info Flow

Lawyers Block Info Flow – Dec. 6, 2004

Lawyers are showing a “predisposition toward needless secrecy that suppresses and distorts information about many matters of public importance,” says William H. Simon in the December Atlantic Monthly.

Simon, Arthur Levitt Professor of Law at Columbia University, says the bar’s commitment to confidentiality is not just an ideology but “a marketing strategy” that trumps other players seeking to influence corporate actions and strategy.