by Bruce | December 26, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Our text for today, Dear Reader, coming from The American Lawyer, is as follows: "There’s nothing like a fund-raiser at a private school in Manhattan to define your social station. Time was, lawyers were near the top of the heap. Investment bankers...
by Bruce | November 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
As we’ve known since October 19, Reed Smith reached agreement to merge with Richards Butler Hong Kong, nearly a year after completing its merger with Richards Butler (UK) in London. The agreement will add about $60-million in revenue and a little over 110...
by Bruce | October 31, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy
As some of you doubtless know, I’m a Stanford Law graduate and, both on general principles and more pointedly with undying gratitude for the rigorous and exciting analytic education it gave me, a loyal one. (Stanford could learn volumes from Princeton when...
by Bruce | October 27, 2007 | Articles, Compensation, Cultural Considerations, Globalization, Leadership, Partnership Structures, Strategy
Last week I was able to attend a panel discussion sponsored by ALM Events on "Developing the Next Generation of Law Firm Leaders." Moderated by Aric Press, the panelists were nothing if not qualified to speak. They were: A.B. Culvahouse, Jr.,...
by Bruce | October 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
From the TimesOnline (UK): "Peter Bloxham, the former head of restructuring at Freshfields Bruckhaus Deringer, has lost his landmark £4.5 million age discrimination claim against the elite City law firm." This was a long-awaited and closely watched...
by Bruce | October 4, 2007 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Strategy
Some of you may have seen the piece that ran in The Recorder about 10 days ago with the attention-getting headline, "In Salary Twist, Firm Pays More–and Less." (It was also picked up by the WSJ’s Law Blog, as the "Associate...