by Bruce | June 10, 2005 | Articles, Compensation, Finance, Globalization, Leadership, Strategy
I wrote a few days ago about "the cautionary tale of Coudert," but with more background emerging from Legal Week’s excellent coverage, some additional insight into the firm’s truly alarming predicament is possible. Let me preface all I’m...
by Bruce | June 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, M&A, Strategy
Apropos the results of the readership survey, which found a high number of respondents worried about the seemingly relentless consolidation of the legal industry—apparently from both those participating in the consolidation and those wanting to be left...
by Bruce | June 2, 2005 | About the Site, Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Technology strategy
The long-awaited results (speaking for myself, at least) of the famous first-ever "Adam Smith, Esq." Reader Survey are now in, and I hasten to share them with you, dear reader, as audience participation was extremely strong, and gratifying. My...
by Bruce | May 17, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Are lawyers suffering "arrested development," as the cheeky title of a dead-serious article has it at Legal Week? Professional development is one of the pantheon of gods whose worship is most often honored in the breach, or else by procrustean...
by Bruce | May 14, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Strategy, Technology strategy
The New York Law Journal is reporting that, under the auspices of the New York County Lawyers Association, "more than 60" law firms have agreed to a written pact to report to their corporate clients the makeup of legal teams by "race, gender, ethnicity,...
by Bruce | May 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
Business Week asks "Has the job of CEO for a megacompany become too complex to handle?" We might well ask, "Has the job of Chairman of an AmLaw 50 firm become too complex? Is it asking too much to expect one person to occupy a position of...