by Bruce | June 2, 2018 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Recruiting, Strategy
Copious has been the coverage around Freshfields’ revised lockstep–for example, The Lawyer’s “Be careful what you wish for: First round of Freshfields partners hit by lockstep reform.” It turns out that no matter how resounding the endorsement of the partners...
by Bruce | May 11, 2018 | Articles, Compensation, Cultural Considerations, Practice Group Management, Question of the Month
Take it away, readers! The most effective way to get lawyers to collaborate is: With direct incentives through compensation, e.g., multiple credits for importing/exporting business across offices and/or practices. (34%, 44 Votes) Through training, professional...
by Bruce | May 7, 2018 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
Last week Jim Stewart of The New York Times published $11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms which was pegged to the news that Sandra Goldstein had left Cravath for Kirkland, and a reported compensation package of $11-million/year...
by Bruce | April 27, 2018 | Articles, Business Models, Compensation, Finance, Leadership, Partnership Structures, Recruiting, Strategy
The compulsively readable James Stewart of The New York Times, who authors the weekly “Common Sense” column, which ranges widely across the business landscape, just published “$11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier...
by Bruce | February 15, 2018 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
The following column is by Antonio Leal Holguin, Director, Adam Smith, Esq. Antonio is based in Santiago, Chile, and spearheads our Latin America practice. Mergers & Alliances: Proceed with Caution Five Steps for Latin American Firms In our recent Latin...
by Bruce | February 10, 2018 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management, Question of the Month
You know what to do! Please use the comments box at the bottom for any additional thoughts or observations. The most accurate way to characterize origination credit is: A necessary and proper economic incentive for business development A just and fair recognition...
