by Bruce | January 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
Building a genuinely trusting, collaborative, integrated culture—where one does not exist—is among the tallest of orders that a firm can face. Since control over clients is such a key source of power, client-hogging and the individualistic behavior...
by Bruce | January 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Strategy
“I can’t think of a more important problem facing the profession,” Justice Breyer told Washington Lawyer, “than how to maintain a life for a young lawyer that will lead to satisfaction in his or her career, that will produce time for a family,...
by Bruce | January 4, 2005 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
In a happy confluence, two articles which are far stronger together than is either alone were pointed out to me today by two loyal readers. The first is The American Lawyer’s current "Management" column, about Customer Relationship Management...
by Bruce | December 31, 2004 | About the Site, Articles, Compensation, Finance, Just Plain Interesting, Strategy
I just finished reading Tombstone: A Lawyer’s Tales from the Takeover Decades (Farrar, Straus & Giroux: 1992) by Lawrence Lederman, former chairman of the corporate practice at Milbank-Tweed (and still a partner there), who started his career as...
by Bruce | December 22, 2004 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
More from the redoubtable FT about what may transpire from marketplace forces released after (the widely expected) adoption of the Clementi Commission recommendations in the UK. (If you don’t know what the Clementi Commission is, as one of my law...
by Bruce | December 1, 2004 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures
I’ve said it before, but it appears to be a source of chronic pain, so I will re-state my firm belief that, like pregnancy, you cannot be "half" lockstep and half not. The logical universe of choices is: Pure Lockstep: Fabulous if you can...