Two new must-reads dealing with corporate law.

I'm recommending two articles, both because I appreciate their points of view and because I respect the authors.

The first one is by Jay Krishnan, and it's called Peel-Off Lawyers: Legal Professionals in India's Corporate Law Firm Sector. 

The second one is by Elias George, and it's Using Game Theory and Contractarianism to Reform Corporate Governance: Why Shareholders Should Seek Disincentive Schemes in Executive Compensation Plans. 

I think you'll enjoy them both.

A wonderful essay on why loving what you do makes work so easy.

It's by James B. Stewart, and it's in today's special Dealbook section in the New York Times (here).  Although I'm not a fan of eschewing one's hobbies (as my friends can attest), here's the passage that hit home:

. . . The one thing nearly all the partners had in common was they loved their work.

This came as a profound revelation. Of course they worked long hours, because it didn’t feel like work to them. They took great satisfaction in the services they rendered their clients.

That's the kind of job you want to have--one in which you look forward to walking in the door and getting down to business.  (By the way, that's the kind of job I have--and have had, ever since I became a law professor.)

UPDATE, thanks to a good point by one of my fave buddies:  for the first few years of work, you won't know if you love what you do, because you're still learning the ins and outs of your job.  Give it time.

FURTHER UPDATE:  as to that UPDATE point, see here.  My own philosophy, which may have no grounding in reality whatsoever, is that your choices, over time, reflect your psyche's understanding of what it is that you love.

When funny videos on the billable hour pop up, the death of the billable hour approacheth.

See here.  Hat tip to The Legal Whiteboard blog.

The death of the billable hour may be far away, and--for some types of work--may never happen, but for a lot of legal work, I think that the death of the billable hour is approaching, slowly but steadily.

Still love it--every time.

Quad "Script Ohio" (here).  I just love seeing the alumni march in the band.

Love it.

This commercial rocks on so many levels.