by Bruce | November 21, 2007 | Articles, Finance, Globalization, Leadership, Strategy
It has frankly taken me some time to assimilate my thoughts following my week in London, not because the impressions were undefined but because they were so consistently strong. Herewith my report. London is gaining and New York is losing. This was brought home to me...
by Bruce | November 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
As we’ve known since October 19, Reed Smith reached agreement to merge with Richards Butler Hong Kong, nearly a year after completing its merger with Richards Butler (UK) in London. The agreement will add about $60-million in revenue and a little over 110...
by Bruce | November 10, 2007 | About the Site, Articles, Globalization
This coming week, 11th—16th November, I’ll be in London on business. I’ll essentially be headquartered in the City, staying at the Hoxton Hotel. Allen & Overy has been generous enough to provide me with an office while...
by Bruce | November 9, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Twenty years and a few months ago (apologies for missing the actual anniversary), the merger of Clifford Turner and Coward Chance was announced, which changed the landscape of our industry forever. Not just in the City of London, but across the globe....
by Bruce | November 7, 2007 | Articles, Leadership
As noted repeatedly, and without risk of contradicting or impairing same, the resolute policy of "Adam Smith, Esq." is to be stronger than nonpartisan: It is not only to take no stand on political issues, but it is to avoid introducing or insinuating...
by Bruce | November 5, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Today’s WSJ has a front page story "Perform-or-Die Culture Leaves Thin Talent Pool for Top Wall Street Jobs," which discusses the dearth of talent—or at least, talent deemed publicly acceptable—"for the biggest jobs in finance."...