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A third was the evolution of the modern firm and the blurring of corporate boundaries.
The American management guru Peter Drucker used to present the modern firm as an ethical construct, bringing the community goods and services in return for taxed profits.
"We are a young, modern firm just like our clients — the young entrepreneurs in real estate who are constantly designing their own spaces," said David Kriss, the partner who oversaw the design of the 12,500-square-foot space on the building's 12th floor, one floor below the old space.
But she added that most of Cowboy's portfolio CEOs feel the same way, that, "if they have the choice, they would rather work for a modern firm".
Lawyers span the range in this regard, and the incentives of the modern firm do not favor those who would take time for a protege.
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It may seem banal, but there is common ground here with many other modern firms.
A few think that women have a unique contribution to make in running modern firms.
Indeed, most modern firms today couldn't care less for the happiness industry.
But today some management scholars argue that women excel in the leadership qualities most valued in modern firms.
Not only are modern firms complicated global affairs, but executives are putting today's deals together in a hurry.
Productivity at large, modern firms, which are integrated into the world economy, has risen by 5.8% a year since 1999.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com