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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 +Non-Lawyer Partners Post-Clementi
The first post-Clementi shoe is about to drop in the UK, and it's a fascinating one indeed. [For those of you who haven't been paying attention, the "Clementi Commission" proposed fundamental reforms of the way UK law firms are governed, essentially...
KM, Meet “Peer Production”
Just why is that "doing" Knowledge Management at law firms seems so hard? Is KM itself simply an ineffable concept, meaning that virtually no two people agree on what it means? (And that, when they then try to go about it, the results are what...
Fail to Align Profit Expectations at Your Peril
I wrote a few days ago about "the cautionary tale of Coudert," but with more background emerging from Legal Week's excellent coverage, some additional insight into the firm's truly alarming predicament is possible. Let me preface all I'm about to say by...
“Managing Partner Magazine” Anybody Know This Pub?
"Managing Partner Magazine?" Calling all readers who may be familiar with this publication, which I have seen occasionally but perhaps not often enough, or not enough of—primarily because their website appears to hide all the good stuff. ...
Yeah, Yeah, Yeah, So the Earth is Flat? What Next?
Now that pretty much everyone has tossed in their 2 cents on Thomas Friedman's new book, "The Earth is Flat," to the point where a few people are saying enough is enough, I'd like to try to introduce a measured dose of calm and clarity about outsourcing, and...