Quote of the Day: Mo' Money, Less of Everything Else?
What causes a large, storied law firm to fail? Could part of the problem be too much money, but not enough history or shared values?
[T]he only thing holding many large firms together now is money. No shared history. No shared values. Money by itself is weak glue.
— William Henderson, a law professor at Indiana University, speaking to Dan Slater of the Daily Beast about how a storied firm like Dewey & LeBoeuf can fall so fast and so hard.
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