by Bruce | March 10, 2005 | Articles, Finance, Globalization, Knowledge Management, Leadership, M&A, Strategy
If you believe Legal Week, the waters are already choppy and will become downright stormy for tech-centric California-based firms, particularly the two remaining powerhouses of Silicon Valley, Wilson-Sonsini and Cooley-Godward. [As to other late, great...
by Bruce | March 9, 2005 | Articles, Compensation, Finance, Leadership, Practice Group Management, Strategy, Technology strategy
In my last post I noted at least anecdotal evidence about the cost of losing existing talent, and today The National Law Journal reports that firms are taking steps to make it harder for headhunters to poach associates, primarily by removing information about...
by Bruce | March 8, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
If you think practice group management is a fad that will run its course, you should read this piece by Patrick McKenna. [Patrick is a well-known expert on strategy and practice management and, among other things, co-author with David Maister of "First...
by Bruce | March 7, 2005 | About the Site, Articles
"Adam Smith, Esq." has been invited to join American Lawyer Media’s "Legal Blog Network," and I have accepted. The other half-dozen-plus members of the network are all people I know personally or through email and the quality of their...
by Bruce | March 6, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
To risk stating the obvious, a major downside of acquiring powerful lateral partners or small groups thereof is that they will not stay. Now The American Lawyer has a piece covering the story of same over the past five years or so, complete with a helpful and...
by Bruce | March 4, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
I believe this is a first, but I’m about to quote an astute and interested UK reader’s unsolicited, over-the-transom "letter to ‘Adam Smith, Esq.’" in its entirety. At first I thought I could edit it gracefully for concision,...
