Is Law Firm Management in “Kindergarten?”

For those of you who may not be familiar with the work of David Maister, I implore you to introduce yourself to his thinking by taking a look at his latest book, First Among Equals.  David is, simply put, a High Priest in the dark art of managing Type A...

UK vs. US: The Global 100

And, for the record, the Global 100 (most recent listing). This article also provides background to how some of the UK firms rank as highly as they do, and what’s behind their profitability strategies.  In a word, "leverage."  UK firms in the...

The Trouble With Conflicts

For a variety of reasons, most reflecting what the common wisdom would view as inexorable global trends, the once-sleepy arena of client conflicts is increasingly visible and problematic.   In the UK, the Law Society (more or less analogous to the ABA) is...

At Least the New Guys in Town Have Fewer Conflicts

Using client-conflicts ethics rules as a tactical offensive weapon may not be entirely new, but a high-profile case out of the UK that saw Slaughter & May oust Freshfields as the counsel of choice to Philip Green (attempting to take over Marks & Spencer) may...

Giving New Meaning to 24/7

I for one am surprised this hasn’t happened sooner, but outsourcing administrative and staff functions—if not yet paralegal and even attorney functions—just got a high-visibility boost from the entry of Hildebrandt consulting into the sector. ...

SOX & Knee-Capping Our Comparative Advantage

I rarely if ever will use this blog for editorial purposes, but as a securities lawyer who chose that practice specialty primarily out of my (economist’s) immense respect for the United States’ capital markets—an area where we have a comparative...
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