BigLaw

Money and Meaning in the Modern Law Firm

AvMitt Regan,Lisa H. Rohrer

Häftad, Engelska, 2020

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Beskrivning

The Great Recession intensified large law firms’ emphasis on financial performance, leading to claims that lawyers in these firms were now guided by business rather than professional values. Based on interviews with more than 250 partners in large firms, Mitt Regan and Lisa H. Rohrer suggest that the reality is much more complex. It is true that large firm hiring, promotion, compensation, and termination policies are more influenced by business considerations than ever before and that firms actively recruit profitable partners from other firms to replace those they regard as unproductive. At the same time, law firm partners continue to seek the non-financial rewards of being members of a distinct profession and are sensitive to whether their firms are committed to providing them. Regan and Rohrer argue that modern firms responding effectively to business demands while credibly affirming the importance of non-financial professional values can create strong cultures that enhance their ability to weather the storms of the modern legal market.

Produktinformation

Utgivningsdatum:2020-12-22
Mått:152 x 229 x 20 mm
Vikt:399 g
Format:Häftad
Språk:Engelska
Serie:Chicago Series in Law and Society
Antal sidor:264
Förlag:The University of Chicago Press
ISBN:9780226742137

Mer om författaren

Mitt Regan is McDevitt Professor of Jurisprudence and Director of the Center on Ethics and the Legal Profession at Georgetown Law Center. Lisa H. Rohrer is a senior fellow at the Center on Ethics and the Legal Profession at Georgetown Law Center and a senior advisor at Fairfax Associates.

Recensioner i media

"Explores how large firms are responding to intensifying competition and what this means for lawyers’ understandings of themselves as professionals, focusing on interviews conducted between 2009 and 2016 with partners in large US law firms to assess the claim that business concerns are eclipsing professional values in law firm practice."

Innehållsförteckning

Introduction: BigLaw1 Business and Profession: Bridging the Divide2 Clients in the Driver’s Seat3 Encouraging Entrepreneurs4 Entrepreneurs and Collaboration5 Pruning for Productivity6 The Material Economy of Compensation 7 The Symbolic Economy of Compensation8 Luring Laterals9 Trusted Advisors and Service ProvidersConclusion: Money and Meaning in the Modern Law FirmAppendix on the Research ProjectAcknowledgmentsNotesReferencesIndex