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...
by Bruce | October 3, 2007 | About the Site, Articles, Compensation, Finance
Being quoted in both The New York Times ("When $1,000 an Hour Is Not Enough," by David Lat of Above The Law) and The Wall Street Journal (Peter Lattman at the Law Blog picking up the NYT story), in "Is The ‘Premium Party’...
by Bruce | October 1, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
My firm does/does not have a mandatory retirement policy. I do/do not believe we should have one. Discuss. This comes up because of the near-even split in the industry between firms that have such policies and those that don ‘t—57% of all firms...
by Bruce | September 24, 2007 | Articles, Compensation, Cultural Considerations, Finance
If it’s in The Wall Street Journal, it has to matter (even if it doesn’t, if you follow my meaning). So it’s probably incumbent on us to offer, briefly, our thoughts on the front-page story this morning, "Hard Case: Job Market Wanes...
by Bruce | September 24, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Strategy
The annual "Adam Smith, Esq." Reader Survey is actively in progress, and I sincerely urge those of you who haven’t taken the two to three minutes it takes to complete it to do so right now. The point of the survey? Two-fold: I want to...
by Bruce | September 22, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization
Yesterday I was privileged to be able to speak to students at Harvard Law School in a talk I titled "Law Firm Finances (and Other Realities): Explained." My invitation came from the office of career services, and I accepted with gratitude and...
