The Decline of Litigation?: Part 1

I’ve been thinking a lot lately about litigation. It’s been one of the two major locomotives driving revenue and profit for BigLaw for the past 50 years or so–the other being transactional or corporate work–and has customarily provided 25–60%... read more +

“In the Long Run We’re All Dead”

Econ. 101 would tell us that a law firm’s demand side is its clientele and its supply side is its partner and associate ranks.  Unfortunately, when your supply chain consists of professionally trained human beings, there is no such thing as just-in-time... read more +

“Priceline” for Lawyers?

Corporate Counsel  magazine has a cover story on five loudly promoted Next Big Things designed to cut outside counsel fees drastically—like outside auditing of bills.  See which are still around and which underwhelmed.  Hint:  If you think... read more +

“Accounting Irregularities = Sell?”: Not So Fast

Is it too early to say what impact Sarbanes-Oxley is actually having on quarterly earnings reports? Not according to the famous money manager Jim Cramer [trivia fact: he’s a Harvard Law grad]. He believes the compliance landscape has drastically... read more +

Document Management in a Post-SOX World

Network Computing magazine has a cover story comparing heavy-duty document management systems—in this case via responses to an RFP they sent out with requirements for a hypothetical $10-billion market cap, NYSE listed company.  While the scale of the... read more +

“We Are Functioning Well [But]…”

Maybe an attractive culture will only get you so far.  That, at least, seems to be part of the message of this story about management and strategic changes at Philadelphia’s Ballard-Spahr. Perhaps the biggest change to management is that they will formally... read more +

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