Featured Article
A.I.: Friend or foe? Webinar–You’re Invited!
Thursday May 2nd: 11:00 a.m. – 12 noon Eastern Time (US and Canada) How is A.I. impacting BigLaw? Bruce, Janet and the esteemed Toby Brown of DV8 Legal Strategies will discuss the ways Gen A.I. is impacting law firm business models and what the implications are... read more +Will the Real Adam Smith Please Stand Up?
Adam Smith's thought (the real Adam Smith, that is) has been famously characterized by the economist George Stigler as a "stupendous palace erected upon the granite of self-interest." I have long labeled this a "mischaracterization," and I am...
Where’s the Dial That Controls Profitability?
Perhaps the single most challenging question to answer cogently—from both the economic and intellectual perspectives—is what can law firm managers actually do to increase profitability? You imagine rightly, dear reader, that I have sacrificed...
Piper Rudnick/DLA Round 2
More on the Piper Rudnick/DLA deal again courtesy of The Financial Times. Nigel Knowles, managing partner of DLA, tosses out the unnecessary comment that "Piper Rudnick's reasons [for the deal] may be slightly more defensive, while ours may be slightly more...
A Sensible Merger: Say What?!
So it's official: DLA is merging with Piper Rudnick (which has already, more or less, merged with Gray-Cary). The resulting firm, whose name will not long remain "DLA Piper Rudnick Gray Cary," will be the second largest globally by revenue, and...
“Unsustainable Trends Tend to Come to an End”
The American Lawyer is out with its annual survey of AmLaw 200 leaders and they are, as Aric Press succinctly puts it, "a confident bunch." And why shouldn't they be? The heck with 9/11 and the heck with the 2000 bubble melt-down: 88% are...