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Friday, May 4, 2012

Declining Prospects


 This is not really a post on anything other than the up-coming book by Michel Trotter titled "Declining Prospects".  If you have been paying attention in the legal sections of the NY Times and Wall Street Journal, you know that the once venerable white-shoe firm "Dewey & LeBoeuf" is on the verge of collapse.  One of the reasons is what I called in a previous post "The Maw".  That incessant desire to increase compensation in the face of declining client willingness and decreased economic opportunity. 
I am no Harvard trained economist / lawyer, but Michel Trotter is. Judging by his interview regarding the future of the legal profession found here, we are of the same opinion on the ills facing future. I for one am looking forward to reading his book, available "soon" from Amazon. Hopefully a lot of the senior partners in the Big Law are as well. 




~Jordan Garner  

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