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I wonder if this will have a destabilizing effect on these "big law" firms. If you're compensated based on how much business you bill for, it's in your interes
by hooloovoo_zoo 7y ago
I wonder if this will have a destabilizing effect on these "big law" firms. If you're compensated based on how much business you bill for, it's in your interest to poach from your "partners."
- timClicks 7y agoThose competitive pressures exist in all consulting firms. Although you might reap a short term payoff by poaching clients, you're unlikely to last long if your peers don't trust you.
- DannyBee 7y agoSpeaking as a lawyer with a lot of big law friends - Big law firms did not need any help being destabilized already :) (Google around and you'll see they have been going bankrupt/etc at an accelerating rate) Something like this is just a drop in the bucket compared to the larger issues around how their client base is changing.
- slap_shot 7y ago> compared to the larger issues around how their client base is changing. Can you expand that on that. Very curious.