by Bruce | February 3, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Mark Chandler, a Senior Vice President and the Secretary and General Counsel of Cisco, gave a speech last week in San Diego at the Northwestern School of Law’s 34th Annual Securities Regulation Institute, which has been getting a fair amount of play online, and...
by Bruce | January 27, 2007 | Articles, Compensation, Leadership, Partnership Structures, Practice Group Management, Strategy
Lately there’s been heightened discussion of whether firms’ Managing Partners should be full-time CEO’s, or whether the traditional custom of their being active practitioners, billing gobs of hours on real live client matters and managing the firm...
by Bruce | January 8, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Strategy
One of the topics I’d like to devote more time to here on "Adam Smith, Esq." is marketing and business development. It matters. It’s harder than it looks. Some people seem preternaturally gifted at it and others seem to have no...
by Bruce | January 4, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
I got the news on my BlackBerry early this afternoon, but it’s all over the place now (WSJ, American Lawyer, Bloomberg [where yours truly is quoted]): The Dewey-Orrick merger is not to be. I’m sorry. I felt from the beginning it held great...
by Bruce | December 9, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
In general, I try to avoid staking out hard and fast positions. Partly, this is simply because I have a strong preference for spending my time analyzing and discussing issues where there really are two (or more) sides; they’re just plain more intrinsically...
by Bruce | December 8, 2006 | Articles, Compensation, Cultural Considerations, Finance
Last year, with base salaries for first-years at $125,000, associate bonuses at top New York firms ranged from $30,000 for first-years to $60,000+ for senior associates. This year, the news just broke that with base salaries for first-years at $145,000, associate...