by Bruce | May 26, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
As a manager, how do you balance the imperative of long-term strategic focus with the exigencies of day to day "incoming?" As a practitioner, how do you balance the demands of clients and deals with your well-intended resolutions to be a better...
by Bruce | May 23, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
As noted in the WSJ Law Blog, on law.com’s legal blog watch , and by my good friend Larry Ribstein, the Australian law firm Slater & Gordon, a personal injury specialist firm with 21 branches in the country and over 20,000 clients, became the first...
by Bruce | May 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Dechert was #48 on the AmLaw 2001 and is #24 on the AmLaw 2006. Under the headline, "Dechert Cracks the Code for Am Law 100 Success," The American Lawyer tries to explain how the firm pulled it off. I wish the article were more successful...
by Bruce | May 15, 2007 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures
In doing some research about large law firm dissolutions (Brobeck, Coudert, Finley Kumble, Shea & Gould, etc.), I came across a November 15, 1983 article from The New York Times archives entitled "Business and the Law: Fall in Income at Big Firms." Join...
by Bruce | May 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
The American Lawyer asks "Is Shedding Partners the Right Way to Improve Profitability?," which is the wrong question—albeit a nice headline for a relatively substantive article. First, what phenomenon are they addressing? The phenomenon is...
by Bruce | May 8, 2007 | Articles, Compensation, Finance, Leadership, Strategy
The American Lawyer’s famous AmLaw 100 has been out for about a week now, and it’s time to release some preliminary number-crunching. I’ll also have some more qualitatively analytic pieces in the next week or so, but here are the hot data dots for...