In the 1960s, a group of young partners—John Austin, Dick Archer, and Bob Raven—set out to reinvigorate the firm in response to stagnant revenue and changes in the business and social environment. The strategy, resulting from the so-called "Schroeder's meetings" because they were held at the San Francisco restaurant, included ideas for modernizing the practice of law. The partners replaced outmoded policies and insisted on budgets and operational plans. The firm started to recruit at law schools and began hiring women lawyers. In time, the firm rebuilt its litigation practice by training new associates on small bank cases.