by Bruce | September 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Strategy
Actually, this post is less about hockey players and associates than it is about how the top firms are all able to mysteriously agree on the "going rate" ($125,000 for first year’s) without colluding, and on the dynamics behind the scenes when that...
by Bruce | September 26, 2005 | Articles, Cultural Considerations, Finance, Leadership, Marketing
The Times (UK) reports, probably for its juiciness quotient, that data from an internal Clifford Chance CRM system at the Paris office inadvertently came to light, and included—quelle surprise!—insights into some key executives at major clients including...
by Bruce | September 26, 2005 | Adam Smith Himself, Articles
Occasionally it’s a worthy endeavor to pay a moment’s tribute to the eminent Scot for whom this site is named, and in the on-line world there are few better starting points than The Adam Smith Institute (London). There you can find a highly...
by Bruce | September 25, 2005 | Articles, Globalization, Leadership, Marketing, Strategy
Our text this morning is the two-part cover story of this weekend’s Barron’s, on the creation, rise, and dominance of Lexus in the luxury auto market. And I select it not because Lexus ownership surely over-indexes among readers of "Adam Smith,...
by Bruce | September 22, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
A radical repudiation of a time-tested model or a long overdue dose of sanity? One imagines those are the reactions to Allen & Overy’s revealing that it’s considering a third career path for associates, neither "up" nor "out," but...
by Bruce | September 17, 2005 | About the Site, Articles
I’m heading to San Francisco this afternoon for four days (back Wednesday night on the red-eye): Mostly business, but a bit of pleasure as well in my second-favorite City, and I’ll be staying with friends in the East Bay. If the business part...