A Call to Arms: II

by | January 31, 2014 | Articles, Finance

In the first installment in this series, I outlined the proposal pending before Congress to require essentially all law firms with more than one or two dozen lawyers (more than $10-million in annual revenue) to switch from cash to accrual accounting. In this...

A Call to Arms: I

by | January 26, 2014 | Articles, Finance

As creator of an online publication with worldwide readership, I suppose you might think it ill behooves me to launch a critical salvo at the media (“mainstream” and otherwise, a distinction increasingly without a difference), but I have often found...

Son of Great Depression

by | January 10, 2014 | Articles, Finance, Strategy

Harvard economists Carmen Reinhart and Ken Rogoff, authors of the famous 2009 book This Time is Different: Eight Centuries of Financial Folly, are back with a study reporting their follow-up research on how major economies of the world are dealing with the aftermath...

Lake Wobegone

by | December 10, 2013 | Articles, Cultural Considerations, Finance, Leadership

A few highlights from The American Lawyer’s just-released annual law firm leaders survey: Five years in to the Great Reset, the way clients buy legal services has settled into a new normal: In-house capabilities are expanding; Price/fee pressure is relentless;...
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