What Happens When you Give a Lawyer a Wand
Four attorneys were given their own magic wands at the annual American Bar Association Forum on Franchising last week—figuratively, at least—and each set about re-making franchising the way they thought it should be.
Rochelle Spandorf, a partner at Davis Wright Tremaine in Los Angeles, played along with gusto. “I’m going to recalibrate franchise regulation in this country,” she said, taking the podium while her picture, photo-shopped wearing a wizard’s outfit and holding said magic wand, flashed on the screen.
She noted there’s more to regulation than only legislation, the public form that most often comes to mind. Markets also control behavior as a type of private regulation. Contracts regulate behavior, too, as a private form. And judicial regulation is a blend of public and private.
If she had it her way, she’d emphasize the private. “My franchise law aims to rely heavily on private regulation” in order to minimize the need for public regulation, she said.
Lee Abrams, Steven Goldman and John Dienelt also gave their versions of franchise regulation, if they could change the state of affairs with just the wave of a wand.
The wizard theme played off the forum’s main networking event, an evening at Universal Studios’ Harry Potter theme park, in Orlando.