The Americanization of Clementi (or, "going public")
This is the most significant development impacting the legal profession in 50 years and hardly anyone is noticing except Bruce MacEwen at Adam Smith Esq. This is not a red herring. If you are a Managing Partner you will look back and think you should have paid very close attention to this. Give Bruce's post a good read: Publicly Traded Law Firms in the US? Georgetown Law Symposium