by Bruce | May 6, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
Thinking of going to a two-tier (equity and non-equity) partnership? Or of increasing the non-equity ranks if (like 80% of the AmLaw 100) you’re already two-tier? I’m here to counsel extreme skepticism. And I’m tempted to be even more...
by Bruce | May 5, 2008 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
A loyal reader, partner in an AmLaw 25, writes, under the topic "Could we be developing a ‘bubble’ in law firm PPP:" Bruce: I’d be interested in getting your thoughts on the above question. If you define a market "bubble,"...
by Bruce | April 29, 2008 | Articles, Compensation, Finance, Strategy
The American Lawyer not only has a spiffy new website, but this afternoon @ 3pm NY time they offered their first-ever webinar, hosted by Aric Press, offering a preview of the AmLaw 100 for 2007. The full results will be released tonight (look for a...
by Bruce | April 19, 2008 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy
I’m back from the two-day "Future of the Global Law Firm" symposium at Georgetown Law School, which was organized by Prof. Mitt Regan of Georgetown, Prof. Larry Ribstein of the University of Illinois, and myself. You may read other coverage of this...
by Bruce | March 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management, Strategy
No question is posed to me more frequently these days than, "What does this economic environment mean for law firms?" To which the only sensible answer is, "It’s way too soon to predict anything for sure, but each firm’s own situation is...
by Bruce | March 8, 2008 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management
A major article appears in this month’s American Lawyer, penned by Ben Heineman, most famously ex-GC of GE, and David Wilkins, Harvard Law professor. Both are now deeply involved in HLS’s Program on the Legal Profession, whose stated mission is "to...
