by Bruce | March 15, 2006 | Articles, Cultural Considerations, Finance, Globalization, Strategy
One of my near-bedrock beliefs is that we’re living through a period when the structure of the legal industry is morphing before our eyes, setting up what I believe will be a future pattern that may well endure for decades. Most recently, I wrote about...
by Bruce | March 15, 2006 | About the Site, Articles, Cultural Considerations, Globalization, Knowledge Management, Marketing, Practice Group Management
Nadia Cristina, Managing Editor of London-based pm magazine, who was gracious enough to agree to an interview when I was over there last fall, just forwarded one of the fruits of that meeting to me, an article I co-authored with Bruce Marcus titled...
by Bruce | March 14, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
When it comes to law firm financial performance, there’s a fatalistic school of thought which more or less adopts the following position: "Profitability all depends on matters outside the firm’s immediate control, starting with the basics such...
by Bruce | March 11, 2006 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy, Technology strategy
In 2004 James Surowiecki, a business columnist with The New Yorker, published the well-received The Wisdom of Crowds, which explored (and celebrated) the phenomenon of "collective intelligence," whereby the consensus forecast of a number of lay people was...
by Bruce | March 8, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Azim Premji, who created Wipro, is the wealthiest man in India. A few nights ago he was interviewed on the "Charlie Rose" show and to listen to him even for a few moments was to understand how Wipro came to have one of the most distinctive—and...
by Bruce | March 6, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
It’s official, according to The Lawyer: For Skadden and six other firms, 2005 was indeed, as Skadden’s New York-based M&A partner Tom Kennedy put it, "a very good year." For the first time ever, seven US firms topped $1.0-billion...