by Bruce | July 30, 2004 | Articles, Finance
The AmLaw 200 (it’s actually the AmLaw 101—200, but that’s nitpicking) is out and if "a few anecdotes make a trend," let us be among the first to claim such an insight: The AmLaw 200 is no longer a ghetto for small firms in big...
by Bruce | July 29, 2004 | Articles, Finance
Is low-balling fees to win new clients rational? This is a deeply empirical question which can never be resolved in the abstract, as the answer is dependent upon "microeconomics," which in the strict sense means highly industry- , firm-, and...
by Bruce | July 27, 2004 | Articles, Cultural Considerations, Just Plain Interesting, Leadership, Partnership Structures
After all the Sturm und Drang surrounding implementation of Sarbanes-Oxley, how "reformed" are corporate boards? According to Ira Millstein, not very. How could this be? Chalk up another one to human nature: "My impression is that...
by Bruce | July 26, 2004 | Articles, Cultural Considerations, Leadership, Technology strategy
What is the proper role of a CIO in a law firm (or in a large corporation)? Too often, the answer is painfully unclear, and it reflects the "can’t live with it, can’t live without it" attitude many non-geeks have towards technology. ...
by Bruce | July 24, 2004 | Articles, Finance
Preparing partners’ tax returns is not sexy and not remotely strategic, but in a multinational firm with hundreds of partners and dozens of permutations of home/foreign jurisdictions, it can amount to a serious headache and distraction for financial-department...