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The US/UK Divide Narrows

by Bruce | February 10, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Strategy

From the wires, and I quote: "Altman Weil is pleased to announce a strategic alliance with London-based Jomati Limited. Like Altman Weil, Jomati is an independently owned global management consultancy advising law firms and corporate law departments. It is led by...

Sidley-Austin, the EEOC, and Unintended Consequences

by Bruce | February 7, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Even the reader acquainted only at the most cursory level with my perspective on the increasingly professionalized management of law firms would know I endorse that trend wholeheartedly.  The question du jour is whether I endorse it without reservation. Prompting...

The Market’s Competitive. Which Market?

by Bruce | January 31, 2005 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Strategy

"Law firms are being forced to run themselves along more ‘corporate’ lines than ever before," reports the FT, summarizing a PwC report on the top 50 UK firms during 2004.  This new "strategic approach" may represent a departure...

Collaborate Or Die

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...

The Billable Hour is Dead: Long Live the Billable Hour

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,...

But I Don’t Want to Change!

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...
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