The Law of ‘Diminishing Return” has established itself. There was a simplistic thinking in Europe and USA primarily that free and open trade externally will bring in freedom and fair play ...

It’s on you to allocate resources wisely. Make sure every effort contributes meaningful value, avoiding the law of diminishing returns.

The trend of Am Law 200 firms adding or extending nonequity tiers likely won’t slow down anytime soon. But there is a point of diminishing returns, a point where these so-called “profit ...