Metrics That Might Matter #3: PPL

Last year The American Lawyer introduced a new metric into its annual reports, “Profit per lawyer,” or PPL.  Briefly, here’s what they said about it back in April, the second year they calculated it: Introduced last year, this metric is an alternate way of looking at...

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...

Financial Centers Can Shift

Some time ago In my online travels, I came across “Delancey Place,” a marvelous site that gives new meaning to the word “eclectic.” Delancey Place describes its mission as follows: Delanceyplace.com is a brief daily email with an excerpt or...

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...

New York to $190K!

Well, not quite. “New York To $190!” was, of course, the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with (we suppose) a combination of hope and bemusement. Well, Cravath’s pre-emptive strike of going...
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