by Bruce | October 26, 2004 | Articles, Compensation, Finance, Strategy
Just in over the email transom is the following prognostication about the general health of law firms courtesy of Hildebrandt International: In our annual report for 2004, we forecasted a strong year for the legal profession. As we enter the fourth quarter, we...
by Bruce | October 26, 2004 | About the Site, Articles
I haven’t incorporated supply/demand curves into the blog before simply because they didn’t seem highly germane to any particular past posting. But this time they did. I realize I perhaps should have done so with a caveat, so belatedly here it is: My goal...
by Bruce | October 25, 2004 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy
Elaborating on the immediately previous post, the curve on the graphic is…[drum-roll, please]—a demand curve, our Econ. 101 friend. (High $$$ price means little demand ["bet the company"], low price means high demand...
by Bruce | October 22, 2004 | Articles, Finance, Globalization, Leadership, Marketing, Technology strategy
If "three anecdotes constitute a trend," as the possibly apocryphal credo of journalists has it, then I am here to announce a trend: Corporations are beginning to apply professional purchase-manager techniques and metrics to selecting and overseeing...
by Bruce | October 21, 2004 | Articles, Finance, Globalization, Strategy, Technology strategy
Inflamed election-year rhetoric aside, outsourcing has arrived. According to Forrester Research, just over 40,000 lawyer jobs will be sourced abroad by 2015 (about 8% of total projected lawyer employment). Financial services and IT shops recognized the...