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In-House Counsel

: Law Department Management

You can?t value what you do not know ? Nobelist on fees based on advance valuation of a law firm?s knowledge

By Rees Morrison

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Nobel laureate Kenneth Arrow said something about doctors that applies equally to lawyers: ?[T]the value of information is frequently not known in any meaningful sense to the buyer; if, indeed, he knew enough to measure the value of information, he...

Full post as published by Law Department Management on July 19, 2010 (boomark / email).

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