1. Law firms have struck the limits of partnership (Financial Times)
It is sad to see a venerable partnership disappear but Dewey & LeBoeuf, the New York-based law firm, wasn’t one any more, wrties John Gapper.
2. Judges can be tough without getting personal (Reuters)
Few can send a chill up business spines faster than Delaware Chancellor Leo Strine, writes Reynolds Holding.
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3. The jobs keep leaking away (Schumpeter)
In news and publishing, 9,000 jobs have been lost since 2002, writes Schumpeter.
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4. For public transit, the recession’s still not over (Washington Post)
Public transportation in the United States has faced a perverse situation these past few years, writes Brad Plumer.
5. Eternal convergence (Schumpeter)
How is an investor to compare financial statements from companies in two different countries? writes Schumpeter.