by Bruce | October 29, 2011 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
This morning brought the release of Hildebrandt’s quarterly “Peer Monitor” index for 3Q2011, showing a drop of 6 points to 56 (anything below 65 is deemed a negative operating environment). In a nutshell, the problem was that demand...
by Bruce | October 11, 2011 | Articles, Compensation, Finance, Law Schools, Leadership, Recruiting, Strategy
Here are two things we know: First, the rise of the Legal Process Outsourcers–and other nontraditional ways of accomplishing legal work–has not only arrived for keeps, but is accelerating. Consider that all of the conceivable possibilities for...
by Bruce | August 23, 2011 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management
Steven Harper, a former Kirkland partner of 30 years who now writes at The Belly of the Beast and is re-published regularly on law.com, is someone whose writing and analysis I have admired since he first appeared on the scene. (No, I don’t know him, but I wish I...
by Bruce | June 22, 2011 | Articles, Compensation, Cultural Considerations, Partnership Structures, Strategy
A few days ago The New York Times published an op-ed by Mark Everson, who was commissioner of the IRS from 2003–2007. His thrust was that lawyers and accountants had stopped being watchdogs against business misconduct and instead have become enablers...
by Bruce | February 18, 2011 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
A-ha! That, at least, was my reaction when reading the research report published this week in The Lawyer. Here are the top-line results, and then I’ll give you my reaction: The Lawyer hired a research firm called Motive to analyze lateral...
by Bruce | February 9, 2011 | Articles, Compensation, Cultural Considerations, Partnership Structures, Strategy
I suppose that when it’s in The Wall Street Journal, it’s true. Well, it’s certainly true that attention must be paid. Which brings us to “Pay Gap Widens at Big Law Firms as Partners Chase Star Attorneys,” from the front page of...
