There are basically two types of managing partners. Those who are willing to do things a little differently, and a second group that basically likes the status quo and is suspect of any suggested change to how the firm operates. I love the first because they are willing to experiment and ultimately discover new, better ways to run their firms.

It is interesting how the two types will handle the  "American Job Creation Act of 2004," which President Bush signed on October, 22, 2004. The statutory text runs some 650 pages and there are 600 pages of explanatory text in the conference report. That is a lot to digest.

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