by Bruce | March 21, 2005 | Articles, Globalization, Leadership, Practice Group Management, Strategy, Technology strategy
Most of the ink on the topic of outsourcing by law firms has been understandably devoted to back-office functions such as HR and tech support desks. I view the trend to house these functions elsewhere than in, say, midtown Manhattan, as eminently sensible and...
by Bruce | March 19, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Partnership Structures, Strategy
I have often written on the tension between lockstep compensation and eat-what-you-kill, and I’m coming to the view that a nuanced, subjective, and openly ad hoc approach is probably the best, all things considered. Each of the polar end-points on that...
by Bruce | March 18, 2005 | Articles, Just Plain Interesting
Cut me a break on this one, folks. Opening Day is scant weeks away, but all the baseball headlines are about lately are steroids, Congressional inquiries, allegations and denials, asterisk’ed records, and taking-the-Fifth’s. But sometimes, from a...
by Bruce | March 17, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Lockstep vs. eat-what-you-kill: Joined at the hip? Legal Week argues, using the apparently unending saga at Clifford-Chance as a journalistic "hook," that the boundary zone between the two models is wide and flexible, not narrow and bright. Now at one...
by Bruce | March 16, 2005 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Despite the stupefying fact that The Wall Street Journal reported late last year that 45% of Americans believe "literally" in the Biblical story of Creation, whereas only 31% subscribe to the theory of evolution (have you thanked a teacher today?), Darwinian...
by Bruce | March 15, 2005 | Articles, Cultural Considerations, Leadership, Strategy, Technology strategy
Just when the drum-beat of KenLayBernieEbbersDennisKozlowskiMarthaStewart began to seem as unstoppable as, well, a tsunami, the always-refreshing Michael Schrage tees off at "the pea-brained ‘ethics-ification’ of business decision-making:" ...