Archive: January 2009

We are redesigning our site to improve our communications with you: our clients, our prospects, our market. Please share your thoughts with us in the comments.

Most valuations follow a traditional pathway, with only slight differences between public and private companies: 1. Determine a valuation range based on the values of comparable public companies 2. Determine a valuation range based on the values revealed by transactions...

Since I’ve been involved in the legal profession — fifteen years now — firms and general counsel have been talking about alternative fee structures. The failings of the billable hour system as well as the reasons for its persistence in...

We’ve written before about decisiveness, the skill of being able to make decisions quickly, particularly in an environment of uncertainty and obviously incomplete information. Recognizing that not only will you never have access to complete information that is also completely...

In both my past as a corporate lawyer and as a strategic advisor, I often find myself drawing deal diagrams for a variety of parties. Even among those familiar with deal diagrams, I have not found any great uniformity in...

For some time now, we’ve been working with a senior retired banker from Lazard who is on our board of advisers. We essentially hired him to be our boss, in terms of helping us with strategic decisions, setting priorities, and...