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Lead By Getting Out Of The Way

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...

Editorial Time-Out: A Word In Favor of Legal Aid Donations

by Bruce | May 4, 2005 | Adam Smith Himself, Articles, Compensation, Cultural Considerations, Finance, Leadership

Pro bono work, services or cash donated to legal aid, and charitable contributions by law firms in general have received scant attention at "Adam Smith, Esq.", a shortcoming I hereby resolve to remedy, if for no other reason than that the actual Adam Smith...

And That Inspiration You Had Jogging in Central Park Is What Fraction of a Billable Hour?

by Bruce | April 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy

In "Face Time," Business Week probes the irrationality of all of our insecurities about failing to show sufficient of same—that is to say, our fears of what will happen if we’re not in the office at all hours.  (This is a two-way street, by...

Unsustainable Trends Tend to Come to an End

by Bruce | April 23, 2005 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy

You would think the lead of this Legal Times article, which follows, would be irresistible info for me to comment upon.  But sometimes, no news is no news: "Law firms are back — sort of. "Revenues and profits were up by nearly 10 percent in 2004,...

What a Difference a Pond Makes (Revisited)

by Bruce | April 14, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

Reader response to "It May Be More Than a Pond" has been very gratifying, with some genuine insights into the perplexing, and growing, difference in profitability between US- and UK-based firms.  Put together, we may be approaching a viable theory of...

Practice Group Management Forum 2005

by Bruce | April 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy

Thanks to Susan Raridon Lambreth of Hildebrandt International, guru of Practice Group Management, I was able to serve as blogger-in-residence at this conference held here in New York over the last two days.  I’m happy to be able to report that the attendees...
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