by Bruce | April 13, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
The Irish Bishop George Berkeley (1561—1626) famously asked, " “If a tree falls in the forest and no one hears it, does it make a sound?” As a metaphysical question having to do with fundamental questions of epistemology, it remains...
by Bruce | April 12, 2006 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Our last poll, asking "Are Associate Salaries Justified," drew just over 300 votes, and here are the results: Since it’s almost illegible at this resolution, here’s a recap of the breakdown: 36%, the plurality by far, representing the...
by Bruce | April 9, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
Stephen Bainbridge jokes to his wife that his latest column at the highly idiosyncratic site, "Tech Central Station" "guarantees that I will never be President of Harvard." The column, titled "Legal Sex Tournaments," applies the familiar...
by Bruce | April 7, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, M&A, Strategy
Globalization of the Legal Profession Indiana University School of Law/Bloomington Thursday, April 6, 2006: 8:30am—5:00 pm As noted, I attended this conference this past week, and I wanted to summarize a few of the highlights of the presentations. Chris McKenna...
by Bruce | April 4, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Practice Group Management, Strategy
How well does your firm know its clients? More pointedly: How richly, truly, deeply does your firm understand your clients’ attitudes towards your firm at large, the services you provide, and the individuals who provide it? Even if your firm is in...
by Bruce | April 1, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Partnership Structures, Strategy
By now a fair amount of blawgosphere ink has already been spilled on Cameron Stracher’s Op-Ed in today’s WSJ, “Cut My Salary, Please!” arguing, essentially, that the recent round of associate pay hikes (from $125,000 to $145,000 for...