“Nine women can’t make a baby in one month.”

That’s good because adding headcount is not nearly as productive as it appears at first glance. Last post, I wrote about Baumol’s cost disease and why labor in stagnant sectors (like law) gets more expensive over time. This post, I’m going to use Brooks’ law…

Lawyers are not anti-technology. Lawyers are pro getting sh*t done. The caricature I drew of the nose-to-the-grindstone inside counsel in my last post was an attempt to illustrate how the need, predisposition, and incentives to focus on immediate, mission-critical work often dominate the competing demand to systematically integrate new process and technology to improve the…

Last post, I challenged myself after seconding an observation from Toby about discounts. Toby wrote:

Discounts are the market (via specific clients) telling a firm their prices are too high for a piece of work. One might think firms should lower their prices in response to this information, however, that could be a

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