You Thought Market Forces Were Formidable Now?

Say "Clementi Commission" on this side of the Atlantic and draw blank stares; say it on the other side and it is safe to say you will launch an immediate fray. The Commission has proposed, and the government has pledged to support, legislation that will...

Half Lockstep?

I’ve said it before, but it appears to be a source of chronic pain, so I will re-state my firm belief that, like pregnancy, you cannot be "half" lockstep and half not.  The logical universe of choices is: Pure Lockstep:  Fabulous if you can...

Your Managing Partner vs. Your Executive Director

It has long seemed to me that the corporate-land debate over whether the CEO and the Chairman should be one person or two mirrors the law-land debate over the relationship between the Executive Director (or equivalent) and the Managing Partner.  On the premise...

The Past 50 Years in a Nutshell

"The Industrialization of the Law Firm" is the ambitious, but fair, title of a piece by A. Harrison Barnes, Esq., founder of BCG Search.  His conclusion?:  "Today’s law firm environment is, in a sense, now being controlled by Adam...

The AmLaw Associate Satisfaction Survey: Data or Inkblot?

The American Lawyer‘s annual associates satisfaction survey is here (full version) and here (summary ranking), and I’ll have some deeper analysis coming up.  But for now, my initial reaction as an armchair statistician and amateur student of market...

Equilibrium in Partner Compensation?

Getting partner compensation "right" is an issue I have, and will continue to, recur to.  Why?  Essentially because I believe that the two extreme models (the strict lockstep and the strict "eat what you kill") each works in only the...
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