by Bruce | October 22, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
We are surely living in times of manic-depressive equity and fixed-income markets ("We’ve made the future safe for Western financial institutions!" "No, we haven’t!). New York City itself can seem to be suffering from one gigantic case...
by Bruce | September 19, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Nothing less than a generational transformation of investment banking and the financial services industry at large. Its implications for, among other things, the economies of New York City and London, the structure of global capital markets, and our own dearly...
by Bruce | September 13, 2008 | Articles, Cultural Considerations, Finance, Leadership, Strategy
This is how the cover story of the current issue of Fortune starts out: It was the second week of October 2006. William King, then J.P. Morgan’s chief of securitized products, was vacationing in Rwanda, visiting remote coffee plantations he was helping to...
by Bruce | September 11, 2008 | Articles, Cultural Considerations, Leadership, Practice Group Management
More futile ink has been spilled on the issue of "leadership" than, I would wager, any other topic in the managerial literature. But the topic is irresistible. Why? Because deny it as you might, leadership matters. It consistently distinguishes the leading...
by Bruce | September 1, 2008 | Articles, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Strategy
Time to take stock. This dratted credit crunch has now celebrated, if that’s the word, its first birthday, and there is no clarity about when it may end. What’s a law firm to do? If you believe McKinsey, and if you believe that where investment...
by Bruce | August 16, 2008 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
One of the most famous management books in recent history is The Balanced Scorecard, published in 1996 by two Harvard Business School professors, Robert Kaplan and David Norton. If you’ve never heard of it, you should at the very least become familiar with its...