Sears: 1886-2018

Sometimes when a corporation fails you could have seen it coming decades ago and so it’s not news.  But rarely you could have seen it coming decades ago and it’s still news.  Thus with Sears’ bankruptcy filing. “Attention, attention must...

Why Aren’t Law Firms Bought & Sold?

One thing you can count on when two law firms merge is that neither one buys the other.  I use “buy” in its simple and core sense: Nothing is obtained in exchange for payment. No cash changes hands; no stock is exchanged, no assets are purchased or...
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