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Janet on Bloomberg Law re the Non-Equity Tier
Recently Janet was invited to participate in a Bloomberg Law podcast on the topic of Ropes & Gray remaining a single-tier partnership despite the industry’s overwhelming movement towards the two-tier (equity and non-equity) partnership model. Her fellow... read more +Laterals as “Mini-Mergers”
If you asked us to name one seminal development that "changed everything" in terms of law firm economics between the stasis model of the 1950's and the dynamic model of the 1990's, we'd say it was the creation of a market for lateral partner mobility. ...
“Savvy Blawgers” Query #2: Now on Deck
Coming soon: The results of the "Savvy Blawgers Query #2!" You will recall the results of "Savvy Blawgers Query #1," which had to do with changes in law firm management over the next five to ten years. [That link also has a handy-dandy...
Professional Behavior Under Incentives
So this has nothing to do with the economics of law firms, but it has a lot to do with professional behavior under incentive regimes. Two economists at the University of Chicago have published a paper analyzing whether realtors (representing the seller of a...
The Blawgosphere as Distributed Intelligence
A fellow new to me, one Bruce Marcus (a self-described former Upper West Sider, I hasten to add, as well as someone with an enviable first name), alerted me to a post of his about the impact of legal blogs: "Aside from political blogs, few areas have produced...
Not for CIO’s Only
How common is this scenario?: The CIO needs to improve the quality and credibility of the firm's IT implementations, but since he lacks the money and resources he believes would be needed, he's looking for a less expensive way to boost IT's performance. If he...
