by Bruce | October 19, 2005 | Articles, Compensation, Cultural Considerations, Finance, Marketing, Strategy
The billable-hour poll results are in, and they look like this: What I find surprising about this is how few people seem to resist (or admit to resisting, anyway) the demise of the billable hour—only 8%. On the other hand, two of the responses are fairly similar...
by Bruce | October 19, 2005 | About the Site, Articles
Reminder: I’m off to London this afternoon for a week (back in the States Wed 26 Oct). The main business purpose is to meet all the good people at Edge International that I have not yet had the fortune to get to know in person. As a bonus, I’m...
by Bruce | October 18, 2005 | Articles, Cultural Considerations, Finance, Leadership
Jim Taronji, an antitrust partner at Howrey, sent me the following email about the billable hour poll, which I am taking the liberty of reproducing in haec verba because it’s so thoughtful and articulate: “Eventually, the “billable hour” will...
by Bruce | October 17, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
The Clementi Commission reforms appear closer than ever to reality, and their implementation could be as early as next year. For those of you who are only recent visitors to "Adam Smith, Esq.," the UK’s Clementi reforms will, in an utterly...
by Bruce | October 17, 2005 | About the Site, Articles
Remember to exercise your franchise and vote in this week’s reader poll, about the future of the billable hour (scroll down the right-hand column a little ways).And if you’re reading this via RSS or otherwise aren’t on the site’s home page,...
by Bruce | October 17, 2005 | Articles, Cultural Considerations, Finance, Leadership, Marketing, Strategy
File this under low-hanging fruit; actually, make that fruit served on a silver platter. "It" is the unexploited power of your firm’s alumni network to drive business. How do I know it’s unexploited? From experience and observation, but now...