by Bruce | April 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
This Just In: Results of "Savvy Blawgers" Query #2 The second query to this august group concerned the future of the billable hour. My original email to the Savvy Blawgers reads in pertinent part: You should also know that I’m going to be a...
by Bruce | March 30, 2005 | About the Site, Articles, Cultural Considerations, Leadership, Marketing, Strategy
In "Do You Blog?," the cover story in this month’s Washington Lawyer, reporter Sarah Kellogg provides a comprehensive recap and overview of how the legal blogosphere has evolved since its earliest days. Not incidentally, she concludes with a...
by Bruce | March 29, 2005 | Articles, Cultural Considerations, Globalization, Leadership, M&A, Strategy, Technology strategy
It’s not your imagination: Mega-mergers in corporate-land are on the upswing. According to The Wall Street Journal, the last five months have seen more than a dozen deals valued at more than $10-billion. And the result is that "investors...
by Bruce | March 23, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
"From pace-setter to basket case in the United States?" Shall we all guess what firm got stuck with that donkey-tail over at law.com? Alas, of course, it was Clifford-Chance. The questions du jour are (1) what went wrong? (not so we can...
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 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...