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The Change Agenda: Tournament Without End

Publication Date: 
December 01, 2008
Source: 
The American Lawyer
Author: 
Marc S. Galanter and William D. Henderson

The American Lawyer quotes Dean Larry Kramer in a story about the challenges facing law firms:

In an essay published last year in the Stanford Law School alumni magazine, dean Larry Kramer noted the many challenges facing large-firm lawyers, including soaring billable hour expectations, clients' resistance to footing the bill for associate training, unprecedented associate attrition, the explosion of lateral hiring, and a diminished sense of firm culture and community.

Kramer then asks, "Does anyone actually want this? The lawyers, managing partners, and general counsel I meet are deeply concerned about what's happening. Yet they feel unable to stop it, powerless to resist the stifling market forces that drive their decisions."