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...
by Bruce | March 3, 2006 | Articles, Compensation, Finance, Globalization, Leadership, M&A, Strategy
Yesterday’s half-hour "Coast to Coast" legal talk radio show is now up at the Legal Talk Network. I’m on it as a guest on the subject of "Big Firms–Big Business," along with Eric Sinrod of Duane Morris’ San Francisco...
by Bruce | March 2, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
In my last post, I referred somewhat obliquely to "long-term threats to the privileged positions" of firms, pointedly including large and prosperous firms (not just the struggling, the stragglers, and the stagnant). What exactly might those threats be?...
by Bruce | March 2, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
I’ve written before with some passion about the need for law firms to think and to act strategically. The "act" part should follow as the day the night, but of course it’s not that simple. Why does this matter? Why is it, in...
by Bruce | February 24, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
It’s a rare privilege to see a candid discussion of a major firm’s strategy in the press, so I urge you to run to this piece in The New York Law Journal, essentially an interview with Rohan Weerasinghe, Shearman & Sterling’s new chairman, about...
by Bruce | February 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Marketing, Strategy, Technology strategy
What will the structure of the global legal marketplace look like in, say, 2015? Before you exclaim either, "Who on earth knows?" or "What a silly thing to speculate about!," permit me to draw your attention to the duel, or at least face-off,...