Interesting Reads of the Week

Some interesting legal reads for the week of June 1, 2015:

• The Legal Intelligencer on how faulty compensation structures and reliance on the billable hour are hampering law firms.
• The New York Times reports that attorneys with jobs considered lower pay and status tend to be happier.
• DealBook reports that many hedge funds are closing up shop, among other reasons because it’s not worth the trouble to manage other people’s money when you have enough of your own.
• A New York Times profile of ZipCap, which arranges crowdfunded loans for local mom and pop businesses.