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...

Welcome to the AmLaw Top Ten

One of the last things I intend to do with this blog is to report on breaking news, but the Wilmer-Cutler/Hale & Dorr merger is worth a few words. The merger is being commonly described as "offensive," to differentiate it from the more common...

Be Grateful to Your Competitors

The McKinsey Quarterly has a feature asking why poor countries, to a depressing degree, remain poor:  Their answer is the "Power of Productivity." But wait, don’t we already know how to help poor countries?  Let’s look at the...

Still, the Billable Hour Refuses to Die

What five questions does the managing partner of Arnold & Porter think his corporate clients should ask about the firm—but none ever has?  How are associates and partners compensated, for starters.  And if associate bonuses are a function of...

Take Me to Your Leader

"Leadership" is as elusive a concept as there is in business—not that that has prevented scores of writers spilling torrents of ink on it.  (The general form of the tautology in this management literature is:  It requires a great leader to...
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