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You Can’t Win on Food Alone: The Restaurant Theory of Law Firm Profitability
Have you ever been taking a medication for which alcoholic beverages are contraindicated and you go out to a restaurant on Friday night? So you and your lovely spouse go out for a nice dinner, but you both have allergies and have been taking antihistamines so you just order tap water with dinner. Observations: 1. It’s a mark of professionalism on the part of your server if they successfully avoid even giving a hint of disappointment in your beverage selection. Tip that pe
Mar 25


The Billable Hour's Last Stand
For decades, Big Law has clung to the billable hour like a life raft in a sea of inefficiency. Legal due diligence, especially in M&A, is still dominated by armies of junior associates combing through contracts manually, line by line, in a painfully slow and error-prone process. This isn’t legal expertise; it’s glorified data entry at $600 an hour. In an age where AI can surface key clauses in seconds, Big Law’s refusal to evolve isn’t tradition, it’s self-destruction on the
Mar 23
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