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Tournament of Lawyers: The Transformation of the Big Law Firm
 
 
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Tournament of Lawyers: The Transformation of the Big Law Firm [Paperback]

Marc Galanter (Author), Thomas Palay (Author)

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Book Description

0226278786 978-0226278780 January 15, 1994
Tournament of Lawyers traces in detail the rise of one hundred of the nation's top firms in order to diagnose the health of the business of American law. Galanter and Palay demonstrate that much of the large firm's organizational success stems from its ability to blend the talents of experienced partners with those of energetic junior lawyers driven by a powerful incentive—the race to win "the promotion-to-partner tournament." This calmly reasoned study reveals, however, that the very causes of the spiraling growth of the large law firm may lead to its undoing.

"Galanter and Palay pose questions and offer some answers which are certain to change the way big firm practice is regarded. To describe their work as challenging is something of an understatement: they at times delight, stimulate, frustrate and even depress the reader, but they never disappoint. Tournament of Lawyers is essential to the understanding of the business of the big law firms."—Jean and Colin Fergus, New York Law Journal

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Inside This Book (learn more)
First Sentence:
The characteristic features of the American legal profession are not new-large numbers, relatively easy entry, intensive specialization, a high degree of stratification, organization into large firms, strong ties to clients, weak controls by the state and by professional bodies, extraordinary prominence in public life, a protean entrepreneurial quality, and an unparalleled scope of professional activity. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
mean promotion rate, surplus human capital, promotion percentage, permanent associates, lateral hiring, opportunistic conduct, corporate law departments, legal journalism, big law firm, promoted partners, more associates, relations with clients, legal press, large law firms, outside law firms
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, National Law Journal, Wall Street, Business Disputing Group, Dos Passos, Big Six, Bureau of Census, United States, American Bar Association, American Lawyer, Arthur Andersen, Business Week, Juris Doctor, Paul Weiss, Two Twenties, World War, Davis Polk, Practicing Law Institute, Supreme Court, Theron Strong, Yale Law Journal, American Corporate Counsel Institute, Big Eight, Code of Professional Responsibility, Karl Llewellyn
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