FED TO DEATH
Most of today’s big law leaders think they’ll be able to avoid traps that have destroyed great firms of the recent past. Are they that much smarter than their predecessors? Or are they oblivious to the...
View ArticleDEWEY’S DILEMMA
Dewey & LeBoeuf has talented lawyers, great clients, and 2011 average equity partner profits exceeding $1.7 million. So what required a March 2 firmwide memo from Chairman Steven H. Davis in...
View ArticleUNFORTUNATE (AND IRONIC) COMMENT AWARD
If Dewey & LeBeouf has so-called friends like its former partner John Altorelli…well, you know the rest. Altorelli’s recent comments to Am Law Daily include so many candidates for my Unfortunate...
View ArticleANOTHER COLOSSAL LATERAL MISTAKE
Lateral hires are risky. Even managing partners responding to the Hildebrandt/Citi 2015 Client Advisory’s confidential survey admitted that only about half of their lateral partners are break-even at...
View ArticleBIG LAW LEADERS PERPETUATING MISTAKES
In January 2014, the annual Georgetown/Peer Monitor “Report on the State of the Legal Market” urged law firm leaders to shun a “growth for growth’s sake” strategy. The year 2013 had been a...
View ArticleTHE LATEST BIG LAW FIRM STRATEGY: PERFECTING ERROR
NOTE: Amazon is running a promotion. The KINDLE version of my novel, The Partnership, is available as a free download from March 30 through April 3, 2016. Two months ago in “Big Law Leaders...
View ArticleTHE REAL STORY OF THE NEW YORK PRIMARY
It was a “Dewey Defeats Truman” moment. Shortly after the polls closed on primary election night in New York, CNN made a bold prediction. Its exit polling showed Hillary Clinton and Bernie Sanders...
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