Another well-intentioned and
innovative reform to a law firm's partner compensation system has been aborted.
The senior management team at one of
the United Kingdom's better-managed law firms, Addleshaw Goddard , has
been forced, by what appears to be unexpectedly strong opposition from...
For several months now, I and some
of my colleagues in the Public and Professional Interest Division of the International
Bar Association have been reviewing the business plans of the PPID
committees and other entities. These groups range from very small task forces
and working groups of fewer than...
What happens when things don't work
out after a merger as well as the partners had hoped?
There are almost always some rough
spots after any merger of two businesses. However, these can be become
life-threatening for recently merged law firms, which, like most law firms,
typically have lower...
The Lawyer reported this morning that Mark Walker, until recently the
managing partner of Cleary Gottlieb in New York, has moved to Paris and
into the world of finance as a senior advisor to the global sovereign advisory
group at Lazard.
One of the subtle flaws in many law
firm governance schemes...