IT & Expansion Drive Higher Debt Loads

From a private banker’s perspective, how much debt is too much on a per-partner basis?  And what factors go into assessing the creditworthiness and stability of a firm?  If your firm might need capital for investments in IT or office expansion, you...

The Check is in the Mail

Q:  Why didn’t Pennie & Edmonds merge with Jones-Day rather than dissolving outright?  Client conflicts?  Cultural friction?  Compensation disparities? A:  None of the above.  Chalk it up to accrual...

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