UNC School of Law The University of North Carolina at Chapel Hill

Private individuals may create legally binding contracts, including arbitration agreements that adopt alternative ways of resolving disputes to standard court litigation. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people.

• In fact, Suffolk Law alumni have made an impactacross a number of industries.
• Especially since privatisation became popular and took management of services away from public law, private companies doing the jobs previously controlled by government have been bound by varying degrees of social responsibility.
• A new contract code in 1999 represented a move away from administrative domination.
• Coase and others like him wanted a change of approach, to put the burden of proof for positive effects on