by Bruce | March 17, 2009 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management, Strategy
The news out of Dewey & LeBoeuf–that 66 partners, or about one in five of their 350 partners, have seen their compensation cut over the past 15 months by up to 80%–begs for an explanation, or at least some commmentary. First, what’s going on in...
by Bruce | March 13, 2009 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Well, that’ll teach me… The volume of commentary following my publication earlier this week of “The Great De-Leveraging” has been unprecedented. Depending on your attitude, that is either deeply gratifying or almost overwhelming. As one who...
by Bruce | March 8, 2009 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Just as I was thinking it was about time to publish a column on the topic of "leverage" at law firms (roughly speaking, the associate to partner ratio, although there’s more than one way to calculate something that people will call...
by Bruce | February 20, 2009 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management
When non-lawyers ask what’s happening in the world of law these days (i.e., what ATL is covering), our first response is usually one word: layoffs. It’s been a dominant theme in our coverage since the fall. —Above The Law (today) While I might...
by Bruce | February 3, 2009 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy
Find out my thoughts on the matter here.
by Bruce | January 31, 2009 | Articles, Compensation, Finance, Practice Group Management
When The New York Times features it on the front page, it must be real, right? I’m referring to Billable Hours Giving Ground at Law Firms, which features Evan Chesler flatly arguing that “This is the time to get rid of the billable hour."...
