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Pay rifts, a partner divide, and a threat at the Ritz Carlton: 50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

Pay rifts, a partner divide, and a threat at the Ritz Carlton: 50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowIn a Ritz-Carlton banquet hall in December 2019, famed trial attorney David Boies made a proposal to his law partners that caught a number of them off guard.Speaking in front of about 150 lawyers at his law firm's annual partner meeting in Key Biscayne, Florida, Boies suggested changing the firm's compensation formula, according to five people with direct knowledge of the matter.The change would have cut how much partners earned from their own hourly fees, which was how some lawyers — namely,...

June 11, 2020
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Travis Kalanick's stealth $5 billion startup, CloudKitchens, is Uber all over again, ruled by a 'temple of bros,' insiders say

Travis Kalanick's stealth $5 billion startup, CloudKitchens, is Uber all over again, ruled by a 'temple of bros,' insiders say

An icon in the shape of a person's head and shoulders. It often indicates a user profile.An icon in the shape of a lightning bolt.Keep readingNewsletterGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.It indicates an expandable section or menu, or sometimes previous / next navigation options.

April 22, 2021
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Tony Hsieh suffered a 'psychotic break' on a bus trip in late June. It led loved ones to attempt interventions and paved the way for his Zappos resignation.

Tony Hsieh suffered a 'psychotic break' on a bus trip in late June. It led loved ones to attempt interventions and paved the way for his Zappos resignation.

An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowA June incident marked a dark turning point for Tony Hsieh and may have sparked a series of events that led to his quiet resignation as the CEO of Zappos weeks later, Business Insider has learned.That month, the Zappos CEO left his budding community in Park City, Utah, for his first real vacation in 2020. On the charter bus — his preferred method of travel — he experienced what one friend who was there described as a "psychotic break." Hsieh's behavior was so bizarre that many people wanted to...

December 17, 2020
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