by Bruce | June 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
The first post-Clementi shoe is about to drop in the UK, and it’s a fascinating one indeed. [For those of you who haven’t been paying attention, the "Clementi Commission" proposed fundamental reforms of the way UK law firms are governed,...
by Bruce | June 12, 2005 | Articles, Compensation, Cultural Considerations, Globalization, Knowledge Management, Leadership, Practice Group Management, Strategy, Technology strategy
Just why is that "doing" Knowledge Management at law firms seems so hard? Is KM itself simply an ineffable concept, meaning that virtually no two people agree on what it means? (And that, when they then try to go about it, the results are what...
by Bruce | June 10, 2005 | Articles, Compensation, Finance, Globalization, Leadership, Strategy
I wrote a few days ago about "the cautionary tale of Coudert," but with more background emerging from Legal Week’s excellent coverage, some additional insight into the firm’s truly alarming predicament is possible. Let me preface all I’m...
by Bruce | June 9, 2005 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy
Now that pretty much everyone has tossed in their 2 cents on Thomas Friedman’s new book, "The Earth is Flat," to the point where a few people are saying enough is enough, I’d like to try to introduce a measured dose of calm and clarity about...
by Bruce | June 7, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The percentage of AmLaw 200 firms with an office in New York is? 65%, with, according to The American Lawyer, more wannabe immigrants to New York in the wings. New York has always been known for two superficially contradictory, but I devoutly believe...
by Bruce | June 6, 2005 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Pop quiz: Q: How many companies on the Forbes 100 list 25 years ago (1978) are still there today? (Forbes ranks firms by market cap; Fortune ranks them by revenue.) A: 32, or an attrition rate of 68%. (35 were taken over, 30...