Featured Article
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 +Keeping It Simple (Stupid!)
I haven't incorporated supply/demand curves into the blog before simply because they didn't seem highly germane to any particular past posting. But this time they did. I realize I perhaps should have done so with a caveat, so belatedly here it is: My goal in...
Of RFP’s, Profit Margins, and Demand & Supply
Elaborating on the immediately previous post, the curve on the graphic is...[drum-roll, please]—a demand curve, our Econ. 101 friend. (High $$$ price means little demand ["bet the company"], low price means high demand...
Of Profit Margins and RFP’s
If "three anecdotes constitute a trend," as the possibly apocryphal credo of journalists has it, then I am here to announce a trend: Corporations are beginning to apply professional purchase-manager techniques and metrics to selecting and overseeing...
For Whom Does Outsourcing Toll?
Inflamed election-year rhetoric aside, outsourcing has arrived. According to Forrester Research, just over 40,000 lawyer jobs will be sourced abroad by 2015 (about 8% of total projected lawyer employment). Financial services and IT shops recognized the...
What Keeps Managing Partners Awake at Night?
I am happy to report that I will have an opportunity to write for the "Management" column that appears monthly in The American Lawyer. The column's target audience is managing partners/managing committees, executive directors, practice group leaders,...