Taylor English Backgroud Image

May 4, 2012 | Posted in In The News

Member Michael Trotter and Author of New Book, “Declining Prospects,” Quoted in Bloomberg BusinessWeek

The Bloomberg BusinessWeek article discusses the turmoil surrounding Dewey & LeBoeuf LLP. Trotter notes, “If their collective top line had increased at the rate of inflation, it would have been the equivalent of $6.9 billion in 2010.” As noted in the article, in Trotter’s book, “Declining Prospects,” he “quotes Robin Sangston, now the general counsel of Cox Communications Inc., on what happened when one specialty partnership merged into a mega-firm: ‘Their rates went up, their hourly requirements went up, and I started getting marketed’ to buy unwanted additional services.”

Click here to read the article.