by Bruce | November 14, 2013 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
The always intrepid Lee Pacchia of Bloomberg Law invited me to come by and talk about the quarterly reports on the State of BigLaw just released by Citi Private Bank and Wells Fargo’s law group. We also got off on the topic of whether lawyers can really be...
by Bruce | November 13, 2013 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
The other week I had the chance to sit down with Ted Burke, outgoing chief executive and global managing partner of Freshfields. I’ve known Ted for years, consider him a friend, and with the announcement a month or so ago that he would be stepping down at...
by Bruce | September 30, 2013 | Articles, Compensation, Leadership, Recruiting
Now that I have published a column (“Our Arms Race”) which took a stand against lateral partner hiring almost across the board, let me acknowledge the obvious and state for the record that no matter what anyone says or the track record shows, lateral...
by Bruce | September 19, 2013 | Articles, Compensation, Leadership, Recruiting, Strategy
Within the past 48 hours: Managing Partner #1 (an AmLaw 50 firm) said to me, “I just don’t understand this lateral hiring frenzy. I just don’t get it. Do you?” Managing Partner #2 (an AmLaw 50, and one whose strategy has been so widely...
by Bruce | August 23, 2013 | Articles, Compensation, Finance, Strategy
The always intrepid Lee Pacchia of Bloomberg Law interviewed me about the industry’s results year to date in the wake of the publication of the Citi Private Bank, Wells Fargo Law Firm Group, and ThomsonReuters PeerMonitor data in the past couple of weeks. Take a...
by Bruce | July 8, 2013 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Profiles of Individuals
Herewith the next installment in our series of articles on the always charged issue of compensation, from Richard Rapp. Enjoy! Bruce Like the heads of most law firms, I had no training in management when I became president of a professional service partnership...