by Bruce | November 12, 2005 | Finance, Globalization, Leadership, M&A, Strategy
I’ve written previously of my firm conviction that it’s people who make the times and not the times who make the people, and we’ve seen it in action again vis-a-vis the demise of Coudert. The two firms who pounced on the situation the fastest...
by Bruce | November 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Strategy
In light of my post earlier this week recapping the extensive empirical evidence on the hazards (or, at least, the not-to-be-assumed, non-automatic, benefits) of shifting to a two-tier partnership model, news that Gibson-Dunn is considering just such a move is...
by Bruce | November 7, 2005 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Strategy
Last Friday I attended a presentation at Jones-Day’s Washington, DC office, hosted in their top-floor conference room with a picture-postcard view of the Capitol dome. (I’m not kidding about the postcard view; CBS News has built a broadcast booth on...
by Bruce | November 4, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The AmLaw Global 100 is now out, and here they are. Quick initial impressions, with more considered analysis to follow: Next year it will definitely take $1-billion to make the top ten. For comparison, two publicly traded companies that have almost exactly...
by Bruce | November 2, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
And the winner is…"Modified Lockstep," closely followed by my own perverse favorite "there’s no such thing." Specifically, "lockstep with super-points" drew the most votes and "lockstep with geographic [or] practice...
by Bruce | November 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
It comes as news to no one that mergers have recently been changing the legal landscape. Tony Williams and I share the view that we are witnessing the transformation of the industry’s fundamental structure, into a form that may endure for decades going...
