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Where’s the Dial That Controls Profitability?

by Bruce | December 8, 2004 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy

Perhaps the single most challenging question to answer cogently—from both the economic and intellectual perspectives—is what can law firm managers actually do to increase profitability?   You imagine rightly, dear reader, that I have sacrificed...

Piper Rudnick/DLA Round 2

by Bruce | December 7, 2004 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy

More on the Piper Rudnick/DLA deal again courtesy of The Financial Times.  Nigel Knowles, managing partner of DLA, tosses out the unnecessary comment that "Piper Rudnick’s reasons [for the deal] may be slightly more defensive, while ours may be...

A Sensible Merger: Say What?!

by Bruce | December 6, 2004 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy

So it’s official:  DLA is merging with Piper Rudnick (which has already, more or less, merged with Gray-Cary).  The resulting firm, whose name will not long remain "DLA Piper Rudnick Gray Cary," will be the second largest globally by revenue,...

“Unsustainable Trends Tend to Come to an End”

by Bruce | December 3, 2004 | Articles, Finance, Globalization, Leadership, M&A, Strategy

The American Lawyer is out with its annual survey of AmLaw 200 leaders and they are, as Aric Press succinctly puts it, "a confident bunch."  And why shouldn’t they be?  The heck with 9/11 and the heck with the 2000 bubble melt-down:  88%...

Joy London on Blogging 101

by Bruce | December 2, 2004 | About the Site, Articles, Knowledge Management, Technology strategy

The always-inspiring Joy London of "excited utterances" has penned a Blogging 101 article for Legal IT.  Although much of what Joy has to say is targeted at what might charitably be described as the extreme novitiates in the audience (what a blog is,...

Half Lockstep?

by Bruce | December 1, 2004 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures

I’ve said it before, but it appears to be a source of chronic pain, so I will re-state my firm belief that, like pregnancy, you cannot be "half" lockstep and half not.  The logical universe of choices is: Pure Lockstep:  Fabulous if you can...
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