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December 16, 2008

Canada's Law21: Leverage--and redesigning value.

Firms: Your call, your move. From "The New Leverage" at Jordan Furlong's Law21:

The thrust of the results [a survey by pioneering Legal OnRamp] by is that in-house lawyers aren’t especially happy with outside counsel in terms of service, partnering and communication — nothing new there — but are surprisingly tentative about predicting major change in how they go about acquiring services from these law firms.

Posted by JD Hull at 11:59 PM | Comments (0)

The Recession: Shanghai, Silver Linings.

Read China Law Blog's Dan Harris in "Finance People: Shanghai Says Jobs, Jobs, Jobs". It begins:

There is a fairly prevalent theory that the best time to start a new business is during a recession/depression. I buy that. During tough times, established companies often disappear, get overly cautious, and lay off scads of good people, who can be hired relatively cheaply. During tough times, big shifts can occur.

A few months ago, I pretty much scoffed at the idea of Shanghai becoming a financial capital... Though I certainly am not convinced, I certainly am not scoffing either. To use a bad pun (particularly during this bear market), China is grabbing the bull by the horns and seems to be boldly making moves to increase its worldwide standing as a financial center. [more]

Posted by JD Hull at 11:52 PM | Comments (0)