by Bruce | August 9, 2004 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures
At least according to the Financial Times, in an article about the difficulty of crossing the chasm from senior associate to rain-making partner. In part the difficulty is a familiar one and one we’ve rehearsed before: Lawyers are simply not trained...
by Bruce | August 8, 2004 | Articles, Technology strategy
Are law firm IT departments maturing to the point where they are coming to resemble corporate IT departments? According to a Baker-Robbins consultant, that time is nigh. The issues that corporations confront include: service level agreements outsourcing storage...
by Bruce | August 6, 2004 | Articles, Cultural Considerations, Finance, Leadership
Does a law firm need a General Counsel? While the notion of piling lawyers on top of lawyers may seem counterintuitive, let’s step back and play one of my favorite thought experiments: What (if anything) in the nature of a law firm as a business...
by Bruce | August 5, 2004 | Articles, M&A
One of the more remarkable implications of Microsoft’s recent announcement to return $32-billion to shareholders in a one-time special dividend later this year was its sub silentio admission that it didn’t have any better ideas about what to do with the...
by Bruce | August 4, 2004 | Articles, Cultural Considerations, Leadership, Strategy
Can we all agree that "leadership" is an indispensable ingredient that can separate the truly exceptional firms from the wannabes? Yes, thank you. Now, can we define "leadership?" I for one cannot, but I usually turn to my...