For a final post on Jones v. Harris (not in conjunction with last week's Forum but with my guest visit, which ends soon), I’ll close with a few
observations from my visit to the oral argument last Monday.
At 7:30 a.m. on Monday, the line for members of the Supreme Court bar was
longer than the public queue and filled with lawyers who regularly represent
both the plaintiffs and the defendants in these kinds of lawsuits. The
plaintiffs’ bar seemed to be hungrier, having won places at the front of the
line, but their adversaries further back were wearing many more Hermes ties.
The degree of security was far higher than on my only previous visit to the
Court several years ago, with armies of uniformed and plain-clothed officers,
several layers of metal detection, and close examinations of mechanical
pencils.
After the argument, almost everyone in the audience repaired to the courthouse
plaza to mill about, chat, and debrief. The affair had the distinct feel of a wedding reception, with lots of nodding and
smiling at vaguely recollected acquaintances. Meanwhile, the oral
advocates gave interviews before a bank of press cameras and microphones, with
Nina Totenberg firmly in control.
I noticed that the ICI representatives stood shoulder-to-shoulder with the
representatives for Harris Associates at the press conference, as they have
throughout much of this litigation. But I wonder whether that
alliance is entirely free from conflict. When the advocate for Harris
conceded during oral argument that the institutional/retail comparison could be
relevant, he may have been thinking specifically of the trial judge in this
case, who has already issued favorable rulings for Harris and to whom the case
might once again be remanded. But the industry would have to defend the
higher standard against unknown future trial judges, who might be far more
Posnerian and far less favorable to future defendants.
For more on the possible procedural implications from this case, take a look at Todd Henderson's new piece called Justifying Jones.
And for an
excellent play-by-play account of the proceedings, see this report from John
Rekenthaler of Morningstar, who arrived at 5:25 a.m. for his place in line.
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