Game the Numbers? Moi?

Profits per partner?  Would that be equity-only or equity and non-equity?   How about revenue per lawyer?  And have you accounted for recourse and non-recourse debt?  Don’t New York billing rates skew the numbers? And, most important, is the...

Turning SOX Into Lemonade

Price Waterhouse Coopers has a thoughtful, and lengthy, whitepaper laying out their vision of a "Governance, Risk, and Compliance Operating Model" (it’s consultant-speak; they can’t help themselves) which actually embodies a belief I’ve...

Want to Get Bigger Fast? Caveat Emptor

The UK publication Legal Week posits that mergers are becoming an endangered species because, among other things: cultural considerations are seen as increasingly central to differentiating a firm from its competitors, and cultures are inherently difficult to merge;...

What If You’re Not the Alpha Male?

"Management all comes down to people." How often have we heard that, and how often is it honored in the breach? CFO Magazine writes that the knee-jerk assumption that everyone in each department (in this case, surprise, finance) wants to be promoted to the...

Nobody Ever Got Fired for Hiring Skadden

In what it would be convenient to characterize as more evidence in favor of the consolidation trend mentioned in the Wilmer-Cutler/Hale & Dorr posting, this article discusses New York firms’ successful invasion of Silicon Valley.  They have opened new...
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