September 2006

FordSign.gif Ford yesterday announced that it would offer layoff packages to all 75,000 of its North American laborers, and that it expected to reduce white collar headcount by 6,000. It is hard to believe that the law department will be immune from this layoff pressure; certainly it will not be immune from the pressure to cut

Weil Gotshal associatesThe September 1, 2006 New York Times has a fascinating article on associate compensation increases.  The news of the salary increases is old, but the article fascinates me because of this:

The inevitable issue for clients as well as the firms is whether higher salaries are reflected in increased hourly rates. But Michael J.

LovemarkFrom the Saturday, September 2, 2006 Business section of the Chicago Tribune–  J.C. Penny decided to move its $400  million advertising account from DDB to Saatchi & Saatchi after Pennys’ CEO heard Saatchi’s Kevin Roberts speak when promoting his new book, “Lovemarks: The Future Beyond Brands.”  As the Tribune reports, “Ullman was so impressed with