by Bruce | November 7, 2005 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Strategy
Last Friday I attended a presentation at Jones-Day’s Washington, DC office, hosted in their top-floor conference room with a picture-postcard view of the Capitol dome. (I’m not kidding about the postcard view; CBS News has built a broadcast booth on...
by Bruce | November 2, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
And the winner is…"Modified Lockstep," closely followed by my own perverse favorite "there’s no such thing." Specifically, "lockstep with super-points" drew the most votes and "lockstep with geographic [or] practice...
by Bruce | November 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
It comes as news to no one that mergers have recently been changing the legal landscape. Tony Williams and I share the view that we are witnessing the transformation of the industry’s fundamental structure, into a form that may endure for decades going...
by Bruce | October 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Strategy
Actually, this post is less about hockey players and associates than it is about how the top firms are all able to mysteriously agree on the "going rate" ($125,000 for first year’s) without colluding, and on the dynamics behind the scenes when that...
by Bruce | October 19, 2005 | Articles, Compensation
Check out our new poll, on the optimal partner compensation system.And you RSS visitors, time to come to the site!
by Bruce | October 19, 2005 | Articles, Compensation, Cultural Considerations, Finance, Marketing, Strategy
The billable-hour poll results are in, and they look like this: What I find surprising about this is how few people seem to resist (or admit to resisting, anyway) the demise of the billable hour—only 8%. On the other hand, two of the responses are fairly similar...