This is an update to my post on law firms as Ponzi/MLM schemes. In the wake of the turmoil in the financial world, there have been a variety of articles discussing whether different governance structures (entirely different, not just better corporate governance) would have perhaps made a difference. Of course, it all comes back to…
Read MoreIn our business, we focus a lot on the use of weighted averages in analyzing business problems. An article in today’s WSJ discusses the seemingly disproportionate and unexpected role of Chuck E. Cheese restaurants in arrests for fights. This article reminded me of an idea I had many years ago while interning at the Tompkins…
Read MoreI spent some time on Thursday morning in a courtroom full of very expensive lawyers. The associates were few and far between, as were the women (but that’s a different story). Later that afternoon, I spoke with a former officemate of mine from when we were both second-years at a large NYC law firm. These…
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