by Bruce | January 7, 2019 | Articles, Compensation, Finance, M&A, Question of the Month
This column is by Janet Stanton, Partner, Adam Smith, Esq. Why doesn’t $$ change hands when law firms merge or when one takes over another? (We’re not talking about solo or tiny practitioners selling their practices to a successor; that’s like buying...
by Bruce | July 16, 2018 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Recruiting, Strategy, Technology strategy
“Failure to attract and retain top talent” was the number-one issue in the Conference Board’s 2016 survey of global CEOs—before economic growth and competitive intensity. In more complex jobs, this will continue to be true as baby boomers (and their long experience)...
by Bruce | June 2, 2018 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Recruiting, Strategy
Copious has been the coverage around Freshfields’ revised lockstep–for example, The Lawyer’s “Be careful what you wish for: First round of Freshfields partners hit by lockstep reform.” It turns out that no matter how resounding the endorsement of the partners...
by Bruce | May 11, 2018 | Articles, Compensation, Cultural Considerations, Practice Group Management, Question of the Month
Take it away, readers! [poll id=”15″]
by Bruce | May 7, 2018 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
Last week Jim Stewart of The New York Times published $11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms which was pegged to the news that Sandra Goldstein had left Cravath for Kirkland, and a reported compensation package of $11-million/year...
by Bruce | April 27, 2018 | Articles, Business Models, Compensation, Finance, Leadership, Partnership Structures, Recruiting, Strategy
The compulsively readable James Stewart of The New York Times, who authors the weekly “Common Sense” column, which ranges widely across the business landscape, just published “$11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier...