Tag Archives: crisis

“We don’t need to worry about profitability.”

Posted on March 21, 2013 by Norman Clark

There are a significant number of law firms that appear to be doing quite well. My colleagues and I occasionally meet them at international conferences and other events. When we begin to describe Walker Clark LLC and the services we … Continue reading →

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A “must-attend” event for law firms in the Americas

Posted on October 21, 2012 by Norman Clark

Most long-range economic indicators suggest that 2013 and 2014 will continue to be difficult years for many law firms in the Americas — especially small and midsize firms. We remain very guarded about the prospects of a robust recovery in … Continue reading →

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Planning for a difficult future in Europe

Posted on August 3, 2012 by Norman Clark

The bad news continues in Europe The gloomy news currently coming from Europe (Spain, Greece, the euro, economic slowdown in Germany and the U.K.) has recently been reinforced by equally depressing mid-range (12 to 18 months) economic forecasts for the … Continue reading →

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After a perfect storm

Posted on May 14, 2012 by Norman Clark

Commentators on the unfolding financial crisis at Dewey & LeBeouf have focused on a variety of factors why this firm might (I stress might – see more below) be doomed.  To mention a few that have been cited by others: the … Continue reading →

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The duty to speak up

Posted on March 30, 2012 by Norman Clark

What do airlines and successful law firms have in commong? An article by Alan Levin and Mary Schlangenstein posted today on Bloomberg web site provides one interesting answer: When people think that something is going wrong, they speak up. The article … Continue reading →

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Nigerian law firms in a crisis year

Posted on January 9, 2012 by Norman Clark

Today’s general strike in Nigeria, protesting the withdrawal of subsidies for retail fuel prices, and the recent rise in domestic terror in the north of the country foretell a difficult year ahead. 2012 is going to be a crisis year … Continue reading →

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Here we go again…

Posted on December 8, 2011 by Norman Clark

Linklaters is preparing to expel or de-equitize between 30 to 40 partners, according a report today by The Lawyer. This comes only two years after their most recent bloodletting in 2009, when the firm sacked 70 partners and 10% of … Continue reading →

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