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Headline

White & Case exodus continues as global IT head quits

Comment

See Hildebrandt's 2008 article "Anatomy of Law Firm Failures". They updated their own 2003 article on the same topic for this. Bottom line: large law firms fail primarily because of internal issues: leadership and culture. Reality is that once you have a run on a large law firm the key actors with choices (clients, key partners and recruiting pool) go elsewhere fast and it is almost impossible to stop the process once it starts. Not sure about the numbers at this particular firm, but if 16 or so partners in so many practice areas and offices leave in a few weeks the run is probably on.

Posted date

24-Feb-2010

Posted time

6:01 pm

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