The Wall Street Journal speaks – shall we listen?

“[William Durbin Jr.] regrets having focused too much on profits and “de-equitizing” partners (reducing their stake in the profit pool) in an effort to boost the bottom line, a strategy that has become popular in Big Law. ‘There’s a lot more that people bring to a


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

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                  Alan Dershowitz

Extracts from yesterday’s letter To the Editor:

"I share your outrage at Charles D. Stimson’s ‘loathsome attempt to punish lawyers who represent inmates of the Guantánamo Bay internment camp.’ "

"But I cannot join you in your proposal that the bar disciplinary committee investigate Mr. Stimson for conduct ‘prejudicial to the administration