by Bruce | September 27, 2006 | About the Site, Articles, Compensation, Cultural Considerations, Leadership, Strategy
In a first, the legendary David Maister hosts this week’s BlawgReview, which I bring to your attention for the eclecticism of David’s selections. He does mention an "Adam Smith, Esq." piece reviewing "A Curmudgeon’s Guide to the...
by Bruce | September 12, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
It’s not our wont to try to "cover" late-breaking news—that’s not an arena where I care to compete, nor is it why I think you come to "Adam Smith, Esq."—but just as every rule has exceptions, so today’s word of merger...
by Bruce | September 5, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
My piece about "Superstar Economics" and laterals has produced an unusually heavy volume of reader response, so it deserves a follow up. Herewith its desserts: The original piece, as I hope you recall, posed the question: Assume for...
by Bruce | September 3, 2006 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management, Strategy
Back on August 20th, I posed the question to you, "How do partners fund their capital contributions to the firm?" The votes are now in: So the "winner," by a reasonable margin, is "a portion of my compensation is retained by the firm...
by Bruce | August 31, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership
It has not typically been my practice at "Adam Smith, Esq." to decry the emergence of lucrative new practice specialties, but we now have a candidate: The explosion of stock option "backdating" investigations swamping 87, 112, or over 2,200...
by Bruce | August 28, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Using as a "hook" the dismissal of Tom Cruise from Paramount Pictures by Sumner Redstone, today’s NYT has a piece in the Business Section (also here for those of you not members of the obnoxious "Times Select"), "A Big Star May Not a...