Tuesday, July 17, 2007

I just read with great interest Allison Shields' post " What's Wrong With the New Generation of Lawyers?" referring back to a post Larry Bodine penned back in August called " Generation Gap Hurts Law Firm Marketing ." I really like Allison's take and find myself in strong agreement with her (which happens a lot, actually). What she writes above parallels (though much more eloquently) what ran through my mind when I first read Larry's post. I don't contest the American Lawyer survey findings that 69% of associates don't expect or desire partnership. I, too, hear this in both law and accounting firms. I agree with her (a former practicing lawyer) that one cannot draw the conclusion (as did Larry) that associates not aspiring to become partner directly correlates with a lack of desire to market. Allison nicely explains why lack of a clear desire to be partner doesn't necessarily equate to lack of willingness to market. Just because a lawyer may not want to make partner or have a life-long legal career doesn't necessarily mean that young lawyers aren't interested in their firms, or in marketing. Most young lawyers realize that marketing and blog quizzes ringing in business will increase their professional reputation as well as their own personal bottom line, whether they ultimately stay with their firm or not. From what I witness, more often than not, associates are more interested in, and willing to participate in, "organized" and "preplanned" marketing activities than are partners.

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Kash Mansouri writes: The Street Light: The Economist on Bush on Trade - Yahoo! News: Economy News : The Economist takes a massive dive today, as they continue to bizarrely and irresponsibly assume the best (or maybe "the least bad" would be more accurate) of the Bush administration. The last two paragraphs of the story contain the offending bits: Despite a dispiriting start that saw the imposition of steel tariffs, the Bush administration has made great efforts on trade, pushing forward with both multilateral and bilateral deals. Its biggest goal, a substantive deal from the Doha round of World Trade Organisation negotiations, is currently on life support. But the administration has managed to secure a variety of smaller deals, while letting steel tariffs die a death at the hands help desk consulting f the WTO. Now even progress of that sort may end. Already, the Democratic influence is showing on the administration's trade team. On Friday March 30th it announced that it was imposing countervailing tariffs on Chinese manufacturers of high-gloss paper to offset indirect subsidies they get from the state. America has usually steered clear of this sort of action against state-run economies, saying it is prohibitively difficult to calculate excess subsidies. But the gaping trade deficit with China, and growing protectionist forces, have altered the political calculus. New tariffs of up to 20% will be imposed immediately. The American economy will survive without cheap Chinese paper products.

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