Monday, May 28, 2012

DEWEY DEFEATS TRUMAN

No, wrong headline. Dewey goes out of business, we meant. Ha ha. Fuck you & your white shoes!

Geeze, you can't even trust legal eagles these days.
Many observers say the root causes of Dewey’s fall are not unique. Several of the largest firms have adopted business strategies that Dewey embraced: unfettered growth, often through mergers; the aggressive poaching of lawyers from rivals by offering outsize pay packages; and a widening spread between the salaries of the firm’s top partners and its most junior ones.

These trends, they say, have destroyed the fabric of a law firm partnership, where a shared sense of purpose once created willingness to weather difficult times. Many large firms have discarded the traditional notions of partnership — loyalty, collegiality, a sense of equality — and instead transformed themselves into bottom-line, profit-maximizing businesses.

“Because the partnership lacks any shared cultural values or history, money becomes the core value holding the firm together,” said William Henderson, a law professor at Indiana University who studies law firms. “Money is weak glue.”
Sure is. We could find a story that would justify playing this every day of the unending wk.How's it feel to be in the same economic position as Jamaicans in the 1970s, Yankees? And when the fuck will you do anything about it?

3 comments:

Glennis said...

Am I going to be the first person to make the Dewey, Cheatum & Howe comment?

M. Bouffant said...

Regrets Editor:
Oh! We were so far in 1948 that didn't even cross our mostly empty mind.

Substance McGravitas said...

These trends, they say, have destroyed the fabric of a law firm partnership, where a shared sense of purpose once created willingness to weather difficult times.

That is wonderful.