by Bruce | June 7, 2016 | Articles, Compensation, Finance, Recruiting, Strategy
Well, not quite. “New York To $190!” was, of course, the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with (we suppose) a combination of hope and bemusement. Well, Cravath’s pre-emptive strike of going...
by Bruce | May 7, 2016 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Back in New York from a solid week of meetings in London (17 in five days) and a few observations, reflections, musings, and speculations come to the fore. And no, these will pointedly not include whether the US or the UK’s version of being seized by political...
by Bruce | March 18, 2016 | Articles, Compensation, Finance, Leadership, Partnership Structures, Recruiting, Strategy
When an especially provocative and ingenious piece is published analyzing a noteworthy aspect of the sea BigLaw swims in, one may feel an obligation to one’s readers to weigh in on the conversation. Particularly when the original piece was published under...
by Bruce | March 11, 2016 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management
A few years back, as exceptionally studious and faithful readers might conceivably recall, I wrote two pieces on the lateral hiring frenzy, Our Arms’ Race and Our Arms’Race (2), which took an almost across-the-board stand against lateral partner hiring....
by Bruce | January 11, 2016 | Articles, Client Relationships, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
With the release last week of the Annual Report from Georgetown Law’s Center for the Study of the Legal Profession, the “Big Three” annual reports—Altman-Weil’s Law Firms in Transition, Citi/Hildebrandt’s Client Advisory, and...
by Bruce | December 10, 2015 | Articles, Compensation, Finance, Recruiting
This will not be a lecture. However. In the course of navigating published analysis and coverage of our beloved industry, I can rely on regularly coming across pat assertions displaying such frightful ignorance of basic economics that I’m forced to conclude the...
