Featured Article
Is the American Legal Profession a Guild?
This is one in our occasional series of excerpts from my yet-to-be-published new book, treating, among other things, the historic roots of our profession tracing back to medieval guilds. I hope you enjoy, and, more importantly, that you provide any feedback,... read more +The Billable Hour is Dead: Long Live the Billable Hour
“I can’t think of a more important problem facing the profession,” Justice Breyer told Washington Lawyer, “than how to maintain a life for a young lawyer that will lead to satisfaction in his or her career, that will produce time for a family,...
But I Don’t Want to Change!
In a happy confluence, two articles which are far stronger together than is either alone were pointed out to me today by two loyal readers. The first is The American Lawyer's current "Management" column, about Customer Relationship Management systems...
“If You Can Make it Here, You Can Make it Anywhere”
The Lawyer (UK) is out with its Global 100 for 2004 and their gloss on the raw statistics, understandable given their perspective, highlights the different approaches to globalization taken by UK and US firms. One strategy to adopt vis-a-vis globalization...
Happy 2005
Happy New Year to all my readers, from New York. I'll be watching the Times Square ball drop, as I hope you will as well, in whatever time zone you're in (and no, I haven't been foolish or drunken enough to watch it in person for many years). Of course,...
Tales of the Takeover Decades from Inside Wachtell
I just finished reading Tombstone: A Lawyer's Tales from the Takeover Decades (Farrar, Straus & Giroux: 1992) by Lawrence Lederman, former chairman of the corporate practice at Milbank-Tweed (and still a partner there), who started his career as an...