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Magic circle law firm: Difference between revisions
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For, if every phase of [[Lehman]]’s overreach and eventual collapse can have been accompanied by expensively rendered, diligently composed and conscientiously delivered [[legal advice]], and no part of that advice can be faulted, its recipient might pause to wonder what ''good'' it did — and, for that matter, ''does'', even when provided to firms which are ''not'' in present danger of imploding. | For, if every phase of [[Lehman]]’s overreach and eventual collapse can have been accompanied by expensively rendered, diligently composed and conscientiously delivered [[legal advice]], and no part of that advice can be faulted, its recipient might pause to wonder what ''good'' it did — and, for that matter, ''does'', even when provided to firms which are ''not'' in present danger of imploding. | ||
The goods it does, of course, is not to the company’s bottom line, but the bottoms of its responsible risk managers. No-one got fired for hiring [[Linklaters]], much less for relying on its legal advice, after all. | The goods it does, of course, is not to the company’s bottom line, but the bottoms of its responsible risk managers employed by its [[client]]s. No-one got fired for hiring [[Linklaters]], much less for relying on its legal advice, after all. | ||
Fun fact: the total revenue of the top twenty global law firms in 2019<ref>You can assemble this, rather painstakingly, from the free section of [[www.law.com]].</ref> was over ''thirty billion dollars''. | Fun fact: the total revenue of the top twenty global law firms in 2019<ref>You can assemble this, rather painstakingly, from the free section of [[www.law.com]].</ref> was over ''thirty billion dollars''. | ||
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*[[Slaughter and May]] | *[[Slaughter and May]] | ||
*[[silver circle law firm]] | *[[silver circle law firm]] | ||
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