by Bruce | March 26, 2019 | Articles
“La Republica,” one of the two leading business/finance papers covering Colombia, saw fit to publish a couple of pieces last week around my breakfast talk with local law firm leaders at the delightful Gun Club in Bogota last week. First was a day-before...
by Bruce | March 15, 2019 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
AT&T’s long-delayed acquisition of Time Warner finally closed some days ago, and within about a week The Wall Street Journal put out a front-page story “It was once ‘game of thrones’ inside Time Warner: AT&T said, enough.” What...
by Bruce | February 21, 2019 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
Lurking in the wings, if not center-stage, in almost everything we do in our work with clients–and I imagine something similar holds true in the work of many of you, invaluable readers–is the nebulous and unclear, but mostly ominous-sounding, notion of...
by Bruce | January 30, 2019 | Articles, Cultural Considerations, Finance, Ineffable, Just Plain Interesting, Leadership, Strategy
My title for today steals literally from Ronald Coase’s legendary 1937 paper of the same name, which gained Coase the Nobel in Economics in 1991. The paper, barely over a dozen pages long, asks the question, childlike in its simplicity, “why do firms...
by Bruce | January 15, 2019 | Articles, Business Models, Finance, Leadership, Practice Group Management, Strategy
Having discussed the Citi/Hildebrandt annual client advisory, we now turn to the Thomson-Reuters/Georgetown Report on the State of the Legal Market for 2018. If Citi’s editorial tone tends to be rather celebratory of good news, Thomson-Reuters’ tends in...
by Bruce | January 10, 2019 | Articles, Business Models, Finance, Strategy
Two of the Big Three Annual Reports on the state of Law Land are now out and it’s time for a survey of the horizon and some perspective. (The Big Three are the Altman-Weil “Law Firms in Transition” report [not yet released], the Citi/Hildebrandt annual client...