Featured Article
Book Review: Lloyd Blankfein’s Streetwise
Lloyd Blankfein’s Streetwise was just published and as of this writing is on Amazon’s “Top 20” bestsellers list. [Streetwise: Getting to and through Goldman Sachs, Penguin Press New York: 2026]. I just finished it. I cannot recommend it. Slow down! How dare I... read more +“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...
Conflicts Insanity
Am I the only one being driven to the conclusion that the ethics and jurisprudence surrounding "conflicts" are insane? After reading about the tortured machinations firms go through as part of their pre- and post-merger due diligence, it's clear to me...