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IS IT REALLY MORE COMPLEX THAN GREED?
Revisionism is already obfuscating the story of Dewey & LeBoeuf’s demise. If facts get lost, the profession’s leaders will learn precious little from an important tragedy. For example, the day...
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PROOF OF THE PROFESSION’S CRISIS
This article won the “Big Law Pick of the Week.” BigLaw‘s weekly newsletter reaches the world’s largest law firms and the general counsel who hire them. Someone should remind law firm leaders that the...
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BIG LAW LEADERS “GET IT”? SERIOUSLY?
This article won the “Big Law Pick of the Week.” BigLaw‘s weekly newsletter reaches the world’s largest law firms and the corporate counsel who hire them. The concluding lines of this year’s Client...
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DANGEROUS ADVICE FOR LAW FIRM LEADERS
During the past 25 years, law firm management consulting has grown from cottage industry to big business. In a recent Am Law Daily article, “What Critics of Lateral Hiring Get Wrong,” Brad Hildebrandt,...
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A MYTH THAT MOTIVATES MERGERS
In a recent interview with The American Lawyer, the chairman of Edwards Wildman, Alan Levin, explained the process that led his firm to combine with Locke Lord. It began with a commissioned study that...
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CRAVATH GETS IT RIGHT, AGAIN
The focus of The American Lawyer story about Richard Levin’s departure after eight years at Cravath, Swaine & Moore understates the most important point: Levin is a living example of things that...
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BIG LAW’S SHORT-TERMISM PROBLEM
Recently, the New York Times devoted a special section of “Dealbook” to short-termism. Big law firms made a prominent appearance in an article focusing on leadership transition. Citing statistics at...
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ASSOCIATE PAY AND PARTNER MALFEASANCE
Cravath, Swaine & Moore raised first-year associate salaries from $160,000 to $180,000 — the first increase since January 2007. As most law firms followed suit, some clients pushed back. “While we...
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