Blogging about all sorts of things--governance in higher education, in businesses, and in law firms; bankruptcy ethics; popular culture & the law; Enron & other corporate fiascos; professional responsibility generally; movies; ballroom dancing; and anything else that gets my attention.
Friday, January 16, 2009
You heard it here (and in a lot of other places) first....
But the economy, coupled with the structure of law firms and their reliance on billable hours, is creating an environment in which a lot of formerly strong firms may well collapse. See here.
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