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BigLaw
Money and Meaning in the Modern Law Firm
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BigLaw
$6699
Unit price
/
Unavailable
Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book is ideal for legal professionals, law firm managers, and anyone interested in the business of law and professional identity within large law firms.
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
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Description
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.
Series: Chicago Series in Law and Society
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Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?
Journal of Economic Literature highlights this book's exploration of the tension between business priorities and professional identity among lawyers, based on detailed partner interviews conducted from 2009 to 2016. Law & Social Inquiry praises the authors' nuanced findings that, while business concerns increasingly influence firm policies, partners still seek and value their profession's non-financial rewards.
Book Details
INFORMATION
ISBN: 9780226742137
Publisher: The University of Chicago Press
Format: Paperback / softback
Date Published: 22 December 2020
Country: United States
Imprint: University of Chicago Press
Illustration: 3 figures
Audience: Professional and scholarly
DIMENSIONS
Spine width: 20.0mm
Width: 152.0mm
Height: 229.0mm
Weight: 399g
Pages: 264
About the Author
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.
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