LSAT or GRE?

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For 70 years, the LSAT has been a rite of passage to legal education, at Harvard, as well as other law schools. However, beginning this fall, Harvard Law School will allow either the Graduate Record Examination or the Law School Admission Test for applicants. Questions: 1. Why is the GRE being considered instead of the… Read more »

Helping with the Rent?

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Almost half of people in their early 20s have a secret, one they don’t usually share even with friends: Their parents help them pay the rent. Questions: 1. What is the average amount that about 40% of 22, 23, and 24 year-olds receive from their parents, to help with the rent? 2. How do career… Read more »

Japan Wants Its Overworked Citizens to Start Having Fun by Getting off of Work on the Weekends at an Earlier Time

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Japan is the country that coined the word “karoshi,” or death by overwork. Now it wants companies to let workers finish early on the last Friday of every month, go out and have some fun. Questions: 1. What will this government campaign be called and when does it start? 2. How is this move expected… Read more »

Big Brother and Hedge Fund Land

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Ray Dalio, billionaire founder of the world’s largest hedge fund, Bridgewater Associates, claims that one of his firm’s core operating principles is “radical transparency, regarding employee grievances and concerns. However, according to Stevenson and Goldstein in this New York Times article, at least one Bridgewater employee sees the firm as a “cauldron of fear and… Read more »

Barriers to Board Positions

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A recent report about the composition of Boards of Directors over the last seven years indicates that the greatest obstacle for minorities in gaining entry to the boardroom is the lack of operating or financial experience. According to the report, networks of white men who connect through college, work and social activities feel more comfortable… Read more »

End Arbitration?

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As this blog has noted, arbitration clauses have proliferated in all types of contracts over the last few years for transactions related to cellphone service, credit cards, student loans, etc. Now a pivotal case regarding a nursing home death is putting arbitration to the test for its lack of transparency and applicability to elder abuse… Read more »

The Age of the Employee-less Company

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During most of the 20th century, companies bringing in the most money also employed the most people. This article looks at a new paper from the Brookings Institute about the new age of ghost companies. Questions: 1. The article mentions Walnart as one of the five largest companies in 2012 that had 100,000 people employed… Read more »

Avoid the crowds with Black Friday Apps

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Questions: 1. What are the benefits of Nifti? 2. What are the benefits of ShopSavvy? 3. Based on the information in this article and video, if you were a brick-and-mortar retailer, what would you do to counteract the convenience of these apps and get more traffic (that translate into higher sales)? 4. From an accounting… Read more »

Huge Merger

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To keep up with the changing technology environment, computer maker Dell will buy the storage provider EMC in a deal worth about $67 billion, the companies announced today, Oct. 12. Questions: 1. What are some of the benefits of the new combined company? 2. How much is Dell going to pay per share of EMC?… Read more »