Patrick was kindly referring to my August 2007 post called Doom and Gloom in the Legal Profession – It’s Coming which I promised to eat if wrong. I am sorry I don’t have to eat it for reasons you will see if you review it.
In any event, read Patrick Lamb’s recent post A Brief Look Back.
Evan R. Chesler is a Presiding Partner at Cravath, Swaine & Moore LLP. He has offered his thoughts via Forbes in a piece called: Kill The Billable Hour. There is no suggestion that he is articulating a new policy for the entire firm but he is clear on his own views and given that he
Perhaps these troubled times will motivate more attempts to defraud law firms – Managing Partners, what have you done to strengthen security lately?
Pepe & Hazard has had the courage to decide to freeze its rates for existing clients for 2009 and to go public with that information.
Managing Partner Al Turco
Managing Partner, Al Turco, said [Pepe & Hazard] is in the process of formulating a 2009 budget to manage its own revenues and
PUNCHLINE: (yes, I’ll start with it) Managing Partners: I don’t think you should downsize now unless you absolutely have to. It’s a rough world out there – you should have cut the underperformers a long time ago. BUT, if you HAVE TO, if you MUST, then learn from one of the most successful and business savvy people out there, Guy Kawasaki – read
Read all of the Top Ten Predictions from the Futurist for 2009 and on – possibly most relevant to the legal profession are:
Negotiating is a question of power. The Chicago tribune reported today that:
Layoffs at Chicago law firms have sent a shudder through the commercial real estate market.
The article, Cutbacks at firms worry landlords, quotes Bill Rogers, managing director of commercial real estate firm Jones Lang LaSalle:
"I do
"[Law] Firms in financial ‘intensive care’ told to merge, divest or restructure as cash dwindles from accounts"
This is
EepyBird’s Sticky Note experiment from Eepybird on Vimeo.
HUGE THANK YOU to lawyer and creativity genius, Matthew Homann of the [non billable] hour and his ingenious LexThink
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I am passing this forward for my good friend, Kirk T. Hartley, of the Chicago litigation boutique, Butler Rubin Saltarelli & Boyd LLP.
He cares a lot about voting rights!
Kirk asked me to direct you American Lawyers who care about voting rights to his post Offtopic – Lawyers and Voters’ Rights 2008 – Get
