Word: finley
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After the selections were sorted, masters interviewed the rooming groups to choose which ones they wanted in their houses. "One could see everyone who wanted to come into a house," says John H. Finley '25, the master of Eliot House during the 1950s and 1960s...
...economic realities are being brought home the hard way at the giant firm most closely identified with the hardball style of practice. Finley, Kumble started in 1968 with a handful of attorneys and a then novel intent to operate like a business. This year, with offices in 13 U.S. cities and London, it has boasted 684 lawyers, including such prominent names as former New York Governor Hugh Carey and former Senators Paul Laxalt and Russell Long. Plagued by years of in-house feuding and a bank debt of some $60 million, however, the firm may soon be better known...
Much of the Manhattan-based firm's growth was accomplished through tactics once branded unseemly. In a field where lawyers traditionally pledged themselves to a partnership for life, Finley, Kumble scooped up stars from the competition and spread nationwide through mergers, gobbling up smaller firms. Disdaining the practice of seniority-based compensation among partners, it showed heavy preference to "rainmakers," the partners most adept at bringing in clients. Some reportedly reaped better than $1 million a year, while others drew a tenth of that. Finley, Kumble called its system a meritocracy, where compensation was based on value to the firm...
...opined Mr. Dooley--the fictional Irish politician created by turn of the century New York columnist Peter Finley Dunne--in an essay satirizing the High Court's use of complicated judicial philosophies to reach decisions in accord with the politicians who appointed them. To Dooley these philosophies were just rationalizations...
...known. To many Wall Streeters, it almost seemed as if Boesky had profited from inside knowledge of his own downfall, while other, more honest arbitragers lost an estimated $2 billion in the subsequent market turmoil. The latest arrests, says Daniel Bergstein, a senior partner at the Manhattan law firm Finley Kumble Wagner Heine & Underberg, "are a reaction to claims that the SEC was treating the investment-banking community different from other white-collar criminals...