There is an interesting Forbes article by John Bogle in the November 17 issue. To summarize, Bogle determined that in a recent year, the “financial services” industry effectively took $620 billion off the top for a 7% fee on $9.5 trillion value of stocks, or 2% of a $30 trillion value of bonds, or 1.5%…
Read MoreA recent PLI newsletter article referenced an idea of measuring legal department spending in terms of $0.xx/share. The editor notes, correctly in our opinion, that the per-share measure is likely to be unsuitable over the long-term because share numbers change for reasons wholly unrelated to legal department spending. What we often tell clients to consider,…
Read MoreThis article from the 2001 Nobel laureate in economics is a concise and cogent description of the courses of action re: the bailout. We’re pleased to see that someone is talking about the need for quality due diligence and the potential risks of shoddy or slight investigations into value. We have pushed this message with…
Read MoreIn this article, David Allen of GTD fame discusses the office hardware that supports his implementation of GTD. And by hardware, I don’t mean computers, I mean the aluminum, wood, and plastic contraptions and tools that populate our offices, that create the environmental backdrop for our workdays. We’ve come across a similar analysis of office…
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