Sarbanes-Oxley in the EU?

Sarbanes-Oxley "lite" in the European Union?  CFO Magazine has a nice discussion of the state of financial regulatory reform in Europe, especially in the wake of the Parmalat meltdown and scandal, which deeply implicated some of the key banks funding...

Multinational or Global? US or UK?

Is the Atlantic "pond" bridge-able by Wall Street and Magic Circle firms?  Or are the cultural and financial schisms simply too large? This provocative Legal Week article argues that the difference in approach and attitude between US and UK firms is...

It’s Irresistible to Speculate

Rumors of the death of the binary distribution trend have been exaggerated.  By "binary" we mean the increasing dominance of the multinational-or-boutique model, with less and less room for the mid-sized firm.*  Speculation about who’s next...

Winston & Strawn and CRM: “Brute Force Isn’t an Option”

Does "Customer Relationship Management" (CRM) mean buying tables at the right benefit dinners?  At Winston & Strawn, it means adopting a CRM IT system. How on earth to get lawyers to actually use it?  Install it, make its availability known,...

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...
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