Laying down certain laws of human behavior in law departments

Gresham’s Law: Bad money drives out good money, which is an application of adverse selection (See my post of July 14, 2006 regarding adverse selection and law firms.). When you cosset poor performers ….

Murphy’s Law: If something can go wrong it will go wrong (in Britain, sod’s law). When the vendor tells you it’s easy and quick to convert data from the old matter management system to the new one ….

Damon Runyon’s Law: “Nothing between humans goes off at odds of more than three to one,” as stated by David Warsh, Knowledge and the Wealth of Nations: A Story of Economic Discovery (Norton 2006) at 230). When you proudly announce a new compensation and objective-setting scheme ….

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