Psychometric instruments. “in those organizations using personal style assessments in their hiring, training and promotion, turnover has been reduced as much as 70%, productivity has increased as much as 140% and bottom-line profitability has grown as much as 130%.” The article from Robin Rolfe Resources also mentions along with the MBTI the Birkman Method, the California Personality Inventory, Raymond Cattell’s IPAT and the MMPI. (See my posts of April 9, 2005, April 18, 2005, and Aug. 21, 2005 on Meyers Briggs and other personality and style assessment instruments.)
China’s thousands of in-house lawyers. An article in the Financial Times estimated that there are 50,000 lawyers who could become members of the Association of Corporate Counsel (ACC) if it creates a Chinese branch. (See also my post of July 30, 2005 about total legal spending by Chinese companies, from the Financial Times, July 28, 2005 at pg. 9)
Purchasing power parity. The National Law Journal (Sept. 19, 2005 at 8) reported that Goldman Sachs’ legal department has a staff of more than 400, including more than 200 attorneys, of which 90 are based outside the United States. (See my post of Oct. 16, 2005 on PPP.)
Collective law department activities (Banking Legal Technology Group). The consortium of investment banks I mentioned in my post of May 20, 2005 ended up producing “little more than a simple repository for law firms’ marketing materials.” LegalIT (Oct. 11, 2005)
Law department or legal department. Raytheon neatly sidestepped this intractable dilemma (See my post of May 24, 2005) by referring to its in-house function as the Office of the General Counsel (Met. Corp. Counsel, March 2005 at 52).
Convergence and the duPont Model. I mentioned this model in my post of March 29, 2005 and Sept. 5, 2005 about non-equity partners. There is a duPont model website .