Law firm panel: Difference between revisions

What looks like a case of the apex predator taming, husbanding and cultivating a subordinate species for their own ends: penning them in, fattening them a bit — in any case maximising their yield, wringing from the marrow of their tired bones a concentrated extract of value out of all proportion to their cost of carry — is nothing of the kind.  

Yet this is just what corporations have done. These are enterprises who, thirty years ago, barely ''had'' a legal department. Our [[history of in-house legal]] refers. What started out as a guy in a cardigan filling [[slavenburg]]s and authorising powers of attorney grew like topsy. What was one became five became, by the financial crisis, five hundred. Legal departments, conceived as a means of exercising operational control, began needing it themselves. In-house departments began acting like a fifth column for the law firms they were meant to be managing.