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Shout Out to Kirkland
This column is by Janet Stanton, Partner, Adam Smith, Esq. We generally eschew commenting on daily comings-and-goings in Law Land. We make an exception here, because this is actually huge news. I’m speaking about Kirkland’s decision to stop disclosing financial info... read more +Coudert, RIP
We note with great sadness the passing of a 150+ year old firm, a pioneer on the international scene in ways many are still trying to emulate. (Also here.) The firm's demise strikes me as exceedingly unnecessary—given the long perspective—but essentially...
How Attractive is Your Firm’s Brand on the “Supply Side?”
Sometimes it doesn't hurt to be reminded of the obvious. Permit me to remind you: Ours is a talent-driven profession. Professionals—"elevator assets"—are highly mobile. The best people are always in limited supply. Turnover is expensive,...
Why Don’t UK Firms Have 13% of the New York Market?
Pop quiz: Q.: How many of the AmLaw 100 have a presence in London? A.: 70. Surprised me as well, but apparently the number is only going to rise. Reportedly on the prowl for merger partners in London are Cooley Godward, Heller Ehrman, Proskauer...
In the UK, They Call it “Ostrich Law”
Imagine a highly productive partner with a stand-out book of business that other firms would salivate over, years of experience and accumulated wisdom, and deep ties to blue-chip clients. What are the odds a firm would introduce a clause in its partnership...
Where Is Your Firm’s Next Generation of Leaders Coming From?
Is "leadership" a verb or a noun? I'm not trying to be cute—the real question is whether leaders are simply born, or can be made. To step back, leadership is one of those ineffable qualities the intrinsic desirability of which no one...