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Pay Wars & MSO’s: Huh?
David Morley, former head of Allen & Overy and, happy disclosure, a long-time friend, just published an article over at law.com that starts like this: The call usually comes on a Friday afternoon. A star partner has an offer from a rival: an eight-figure... read more +Our Brave New Lateral World
Something that feels structurally different seems to have developed in the lateral market. The ambition of this essay is to describe what we think it is, why it has developed, and what it portends for the future of BigLaw. Plus, with any luck, some ideas or at least...
Happy 300th Birthday, Adam Smith!
June 5, 1723. What would he have to say to us today?
Is Litigation in Long-Run Secular Decline?
The first truly evil character to appear in Scripture is of course the Snake in the Garden of Good and Evil. Not a nice guy, not someone you'd want to emulate, not a role model: The Snake of all Snakes at the coulda-been Eternal Garden Party, harbinger of bad news...
Everybody Back in the Pool Office?
Ever since "RTO" became a real possibility, I have been firmly and decisively on the fence about the best policy for firms to follow. A free-for-all come and go (or don't come) as you wish? Sure, why not? We're all adults here, right? Now my view has changed....
Jamie Dimon’s Advice
Jamie Dimon’s annual letter to shareholders, which comes out as part of the JP Morgan Chase annual report, was published about two weeks ago. At 42 pages, it takes more than a passing skim-over to digest, but. It is almost universally read among business leaders, and...