by Bruce | February 18, 2008 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy
While we’re all obsessing over the sub-prime crisis, the credit crunch in general, the housing market’s retrenchment, the inability to mark to market CDO’s, the devilish tendency of "liquidity" to be robust when you don’t need it and...
by Bruce | February 12, 2008 | Articles, Compensation, Cultural Considerations, Leadership, M&A, Practice Group Management, Strategy
By now it’s been amply reported that 55 of Anderson Kill’s 126 lawyers are leaving for Reed Smith, effective February 1. In classically hyper-ventilating fashion, the Brits (Legal Week) reported that Reed Smith "has swooped, …taking...
by Bruce | February 7, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
It’s been nearly a decade since McKinsey published the seminal article, The War for Talent, but many of its abiding observations remain true today and indeed are worth revisiting. What they found ten years ago started from the implacable demographic reality that...
by Bruce | January 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Strategy
On the wonderful landscape of economics, several highly visible landmarks are in the form of "laws:" The law of supply and demand, of economies of scale, of diminishing marginal utility, of the downward stickiness of wages, of decreasing returns to factors...
by Bruce | January 9, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Strategy
Text #1: "He was recruited as a very senior director in a very large City law firm. His work went well but the thing that really bugged him was the pass he had to show every time he went into the staff restaurant. The words ‘non-lawyer’ were printed...
by Bruce | December 27, 2007 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
As many of you know, back in November I was in London for a week. Among other activities—many other activities—I was pleased to be invited to participate in a panel discussion hosted by Guy Beringer of Allen & Overy, who was on the panel,...
