by Bruce | December 20, 2007 | Articles, Cultural Considerations, Globalization, Leadership, M&A, Strategy
Why do law firms merge? The fact is, I wonder sometimes myself. More seriously, there is typically an array of stated and unstated reasons, among them: Growth for the sake of growth: Inadvisable. Size alone doesn’t guarantee anything particularly...
by Bruce | December 13, 2007 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management
Today, in a rare departure into citing what not to do, we have as Exhibit A a piece in the current issue of the ABA’s Law Practice Magazine, "Essential Attributes of Successful Managing Partners." And what, pray tell, are those attributes of the...
by Bruce | December 9, 2007 | Articles, Cultural Considerations, Finance, Globalization, Strategy
An initial report from Hong Kong (written in HK and in mid-air, but published from New York): If you’ve never been to Hong Kong, you should know that the Brits may be unsurpassed in their talent for choosing their colonial HQ’s. The...
by Bruce | December 3, 2007 | Articles, Cultural Considerations, Globalization, Strategy
An initial report from Beijng follows. First of all, the city appears to be growing exponentially. As more than one long-time resident has told me, "it changes every day" and "although I’ve lived here all my life, sometimes I wake up and...
by Bruce | November 23, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
There are different ways of being a global firm, and while all may not be, ultimately, equally successful, I believe we’re in a period of experimentation and exploration, unsure as an industry which global model will prove superior—and in the event there...
by Bruce | November 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
As we’ve known since October 19, Reed Smith reached agreement to merge with Richards Butler Hong Kong, nearly a year after completing its merger with Richards Butler (UK) in London. The agreement will add about $60-million in revenue and a little over 110...