by Bruce | June 22, 2005 | Articles, Cultural Considerations, Globalization, Knowledge Management, Leadership, Practice Group Management, Strategy, Technology strategy
Are we entering the ‘Net’s first golden age? Wait a minute, you’re protesting, the first golden age in Internet Years was the dot-com bubble, no? I actually think not. The dot-com bubble (in which I had a role on-stage in the chorus,...
by Bruce | June 21, 2005 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy
"I won’t take yes for an answer" has been variously attributed to everyone from Groucho Marx to Samuel Goldwyn, but now Harvard Business School Professor Michael Roberto says there’s management wisdom in it. True leaders, that is to say,...
by Bruce | June 19, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
When the Financial Times speaks, people listen, so try this on for size: "The old model of partnership between lawyers alone has its drawbacks for large law firms, which are complex businesses – the biggest are multinationals in their own right. Yet...
by Bruce | June 16, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures
Cue the applause, please: Albeit somewhat cryptic, this strongly suggests Clifford Chance is making a concerted effort to return to something much closer to its traditional lockstep partner compensation model. Called "actively managed"...
by Bruce | June 14, 2005 | Articles, Cultural Considerations, Knowledge Management, Practice Group Management, Technology strategy
"It’s not what you know, it’s who you know?" Agree or disagree, but there’s no doubt a key capability of a law firm’s KM initiative—assuming you actually want your attorneys to use it—is some capability for finding...
by Bruce | June 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
The first post-Clementi shoe is about to drop in the UK, and it’s a fascinating one indeed. [For those of you who haven’t been paying attention, the "Clementi Commission" proposed fundamental reforms of the way UK law firms are governed,...