by Bruce | January 4, 2006 | About the Site, Articles, Compensation, Cultural Considerations, Marketing, Partnership Structures, Strategy
In case you haven’t seen the home-page of Law.com today, they are launching their "Career Center": And this is the article that I’m up there, as it were, alluding to.
by Bruce | December 23, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
I have posited before that the traditional one-size-fits-all associate-to-partner model is coming under increasing stress. Evidently Allen & Overy agrees. After suffering 25% attrition in its associate ranks last year, they have announced after a lengthy...
by Bruce | December 13, 2005 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
According to The Recorder, "Law firm leaders throughout California identify increasing leverage as a key strategy in their business model." We are here to ask the time-honored question, "What can they be thinking?" Let’s back up. ...
by Bruce | December 8, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Of all the "evergreen" topics we keep coming back to here at "Adam Smith, Esq." one of the ever-greenest (no pun…) is the eternal disequilibrium between lockstep and eat-what-you-kill partner compensation models. Most recently, I...
by Bruce | December 6, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
No sooner had we surveyed the prospects for a talent war for associates among the AmLaw 200 than along comes the Financial Times reporting on the release in the UK of PwC’s annual survey of law firm finances. (I’ve requested a full copy by email to...
by Bruce | December 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Strategy
Some reader emails are more provocative than others, and today we have one from the first category. Actually, we have this from a few days ago and I’ve been sitting on it while I contemplated how to handle it. The sender, writing "on his own...