by Bruce | December 31, 2004 | About the Site, Articles, Compensation, Finance, Just Plain Interesting, Strategy
I just finished reading Tombstone: A Lawyer’s Tales from the Takeover Decades (Farrar, Straus & Giroux: 1992) by Lawrence Lederman, former chairman of the corporate practice at Milbank-Tweed (and still a partner there), who started his career as...
by Bruce | December 13, 2004 | Articles, Just Plain Interesting, Knowledge Management, Technology strategy
The estimable Ron Friedman, who’s been covering legal technology since 1989, has done a nice recap of the past 25 years of legal technology for The American Lawyer. Two messages here: No matter how much you may bitch and moan at technology today,...
by Bruce | December 9, 2004 | About the Site, Adam Smith Himself, Articles, Just Plain Interesting
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,"...
by Bruce | October 7, 2004 | Articles, Finance, Just Plain Interesting, Strategy
Stories that provide real-world confirmation of our core beliefs are all but irresistible—even if fundamentally intellectually unchallenging. Two of my core beliefs about analyzing policies at the intersection of law and economics are: a "static"...
by Bruce | August 27, 2004 | Articles, Just Plain Interesting
Bar exam hypothetical: A two-lawyer, one-secretary firm is handling a malpractice case against a bankrupt hospital. In September a key deadline in the matter—when claims must be filed to be recognized as pre-bankruptcy and therefore entitled to...
by Bruce | August 11, 2004 | Articles, Just Plain Interesting
For the first time, the inimitable Vault site solicited partners’, not just associates’, opinions for its annual "Most Prestigious Firms" ranking. Here we go: Cravath Wachtel Sullivan & Cromwell Davis-Polk Skadden …etc. Once...