Time Capsule

In connection with an ongoing research/whitepaper project, further about which affiant sayeth not, I had occasion to look at the Original AmLaw 50 from 1985. Here are the first three columns: Rank, firm, and gross revenue: Aside from the historic time warp we...

Globalization Forever?

Along with Brexit and the apparently unsinkable Trump, another surprise has been brewing on the world stage and I hope you’ve noticed. Globalization—measured by the most fundamental and reliable metric, crossborder trade volume—has ended its ever upward...

Metrics That Might Matter #2: RPL

Spoiler alert: If you’re looking for a hard-hitting expose of everything that’s wrong with RPL, look elsewhere. I’m on record as saying that RPL is the most telling metric we have, and I stand by that with permission to amend, or permission to put...

Metrics That Might Matter #1: Against Revenue

This is the first part in a series I will audaciously and perhaps misguidedly and at the risk of over-promising call “Metrics that might matter.” It’s prompted, as many new creative efforts in human life, by frustration with the status quo. Our...

What is the “Global 100″ Telling Us?

With the release a bit earlier this month of Legal Business’s annual “Global 100,” we have more data to scrutinize, should we care to. I’ll give you the highlights of the numbers here but even the most innumerate among us could not exactly...

Something (Macro) Looks Wrong

“Something looks wrong.” So begins Greg Ip’s most recent column in The Wall Street Journal. What exactly “looks wrong?” Well, the economy, stupid. Specifically, as Ip points out, consumer spending has been rising strongly recently but...
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