Saturday, March 12, 2011
More Nonsense from Ruyak: Part II
The WSJ published a follow-up to its interview with Ruyak on its law blog. Nothing more than quotes from Ruyak, utterly devoid of analysis.
Ruyak blames the demise of Howrey on issues that have faced virtually every AmLaw 100 firm: being a litigation firm on a global scale, third-party ediscovery vendors, the growing use of alternative fee arrangements, and the recession.
Shame on WSJ for pretending to be a good source of news about the legal industry. Any legal reporter worth a damn should have sufficient intelligence and experience to realize that Ruyak's reasons are utter bullshit and don't pass the laugh test and publish a real article that accurately reports on the reasons for Howrey's demise, rather than an effortless analysis-free article that masquerades as such.