by Bruce | July 15, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Aren’t you relieved that you don’t have wolfpacks of Wall Street analysts and the multimedia, 24/7 business press breathing down your neck to deliver "the numbers" every quarter? Isn’t it great living in private-firm land and having...
by Bruce | July 12, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Dick Tyler, managing partner of CMS Cameron McKenna (with the coolest law-firm URL I’ve yet encountered), sounds a defense of the firm’s reversion from its foray into merit-based partnership compensation to its lockstep roots, combined with an all-equity...
by Bruce | July 11, 2005 | Articles, Finance, Globalization, Leadership, Strategy
A few weeks ago, I posited that Coudert had every appearance of primping itself for a merger. But as the news becomes increasingly grim, disintegration seems ever more likely. What’s left of value? Basically, New York. Poignant that The...
by Bruce | July 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures
“As a profession, if we are to be taken seriously, we need to move to a sensible reporting regime that is based on real figures, and not on those stage statistics that appear.” The words of an impractical academic? A frustrated journalist...
by Bruce | July 7, 2005 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy
Outsourcing may currently be at the stage of "mostly talk, little action"—or, what is my theory, those who are doing it aren’t talking—and in the absence of more real-world empirical experience, sometimes the best alternative while...
by Bruce | July 7, 2005 | Articles, Cultural Considerations, Finance, Knowledge Management, Practice Group Management, Strategy, Technology strategy
A fellow who does internal blogging for a Magic Circle firm (I’m not at liberty to say which one), and who is working on a Ph.D. in knowledge management, just asked me these questions via email, and I thought the subject matter would actually be of interest to...