Archive: June 2009

We recently wrote about alternative fee structures for large law firms and their clients. A post from the WSJ law blog on Kirkland & Ellis’s foray into the field recognizes a point we’ve made before: some companies (and indeed, most...

Just recently, we published another post regarding stock buybacks and how the math is the math: you can change your risk profile, but in any case, at some point the usage of cash to buy stock makes sense as a...

[NB: this post was started quite some time ago, and it recently re-surfaced in our ‘drafts’ folder. Sorry for the delay, but we believe that the underlying issues are still interesting and how companies use cash is more, not less,...