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Juris Illuminae Vol. 5 Issue 4 (March)

28 February 2009 Posted by: sinyan.tan No Comment

Editorial: Preparing for Better Times

Nobody expects Juris Illuminae to provide sound financial advice, but here is a first: bad times provide the best impetus for change. Sacred cows, such as the use of reserves, are challenged and “improbable” events, such as the election of Barack Obama as the United States’ first African-American President, are actually happening.

Bad times, however, do not necessarily bring about the best changes. The effects of the Great Depression in the 1930s are key to understanding the rise of Nazi Germany and the subsequent demise of the rule of law there.

When spending habits are reconsidered, “luxuries” such as donating to charity and the practice of corporate social responsibility are first to suffer. While resources can be used more effectively, giving up on good causes only serves to bring out our worst.

This month, the Singapore Law Review will be publishing the 26th edition of its journal. The year-long process was at best harrowing as our editors, fearing that this volume would not come into being due to financial constraints, were distracted from putting their best efforts into sourcing and editing articles.  Yet it presented to us the opportunity to seriously consider the significance of publishing a journal-a crucial thought process that will help us decide how the next edition should be published so as to avoid the problems faced this time.

A second piece of advice is in order. In bad times, prepare for better ones. Myopia dictates that the poor climate today is an exception, but we must not forget that our decisions in dire circumstances are really precedent for what we deem permissible from now on.

(Read the Print Version: Juris Illuminae Vol. 5 Issue 4 Print Edition)

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    Entrance requirements relaxed for foreign-trained lawyers who graduate with second lower honours. (Read More)

  • Little Change as Faculty Weathers Recession by Lai Feng Jun & Charissa Lu

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  • The Karma of Economics by Cheryl Chai

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  • “Pupillage and You”
    NUS Pro Bono Group Annual Seminar Series 2009, in partnership with KhattarWong. (Read More)
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