by Bruce | May 17, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Are lawyers suffering "arrested development," as the cheeky title of a dead-serious article has it at Legal Week? Professional development is one of the pantheon of gods whose worship is most often honored in the breach, or else by procrustean...
by Bruce | May 14, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Strategy, Technology strategy
The New York Law Journal is reporting that, under the auspices of the New York County Lawyers Association, "more than 60" law firms have agreed to a written pact to report to their corporate clients the makeup of legal teams by "race, gender, ethnicity,...
by Bruce | May 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
Business Week asks "Has the job of CEO for a megacompany become too complex to handle?" We might well ask, "Has the job of Chairman of an AmLaw 50 firm become too complex? Is it asking too much to expect one person to occupy a position of...
by Bruce | May 4, 2005 | Adam Smith Himself, Articles, Compensation, Cultural Considerations, Finance, Leadership
Pro bono work, services or cash donated to legal aid, and charitable contributions by law firms in general have received scant attention at "Adam Smith, Esq.", a shortcoming I hereby resolve to remedy, if for no other reason than that the actual Adam Smith...
by Bruce | April 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy
In "Face Time," Business Week probes the irrationality of all of our insecurities about failing to show sufficient of same—that is to say, our fears of what will happen if we’re not in the office at all hours. (This is a two-way street, by...
by Bruce | April 23, 2005 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
You would think the lead of this Legal Times article, which follows, would be irresistible info for me to comment upon. But sometimes, no news is no news: "Law firms are back — sort of. "Revenues and profits were up by nearly 10 percent in 2004,...