The Long-Running Soap Opera Must End

"From pace-setter to basket case in the United States?"  Shall we all guess what firm got stuck with that donkey-tail over at law.com?  Alas, of course, it was Clifford-Chance.  The questions du jour are (1) what went wrong? (not so we can...

Moore’s Law vs. Flesh & Blood

Most of the ink on the topic of outsourcing by law firms has been understandably devoted to back-office functions such as HR and tech support desks.  I view the trend to house these functions elsewhere than in, say, midtown Manhattan, as eminently sensible and...

Treat Your Associates Like Mushrooms And….

In my last post I noted at least anecdotal evidence about the cost of losing existing talent, and today The National Law Journal reports that firms are taking steps to make it harder for headhunters to poach associates, primarily by removing information about...

Practice Group Management: What’s Not to Like?

If you think practice group management is a fad that will run its course, you should read this piece by Patrick McKenna.  [Patrick is a well-known expert on strategy and practice management and, among other things, co-author with David Maister of "First...

The Care and Feeding of Laterals

To risk stating the obvious, a major downside of acquiring powerful lateral partners or small groups thereof is that they will not stay.  Now The American Lawyer has a piece covering the story of same over the past five years or so, complete with a helpful and...

Four Powerful New Capabilities: Adapt or….

Yesterday’s post about the Hildebrandt/Citigroup annual 2004 recap said nothing about a topic they dwelt on which I deemed sufficiently distinct and newsworthy in itself to merit separate commentary. Specifically, they cited four developments in firm structure...
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