by Bruce | June 20, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The UK press, not known for a dainty approach, is covering the developing (or should that be "unravelling") story of Coudert with no minced words: "Coudert in Crisis…" and "Living in the Past." Watching this happen is immensely sad,...
by Bruce | June 19, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
When the Financial Times speaks, people listen, so try this on for size: "The old model of partnership between lawyers alone has its drawbacks for large law firms, which are complex businesses – the biggest are multinationals in their own right. Yet...
by Bruce | June 18, 2005 | Articles, Finance, Globalization, M&A, Strategy
Coudert merger update: Baker & McKenzie, and DLA Piper are both reported to be "circling" Coudert. Neither B&M nor DLA denies it.
by Bruce | June 16, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures
Cue the applause, please: Albeit somewhat cryptic, this strongly suggests Clifford Chance is making a concerted effort to return to something much closer to its traditional lockstep partner compensation model. Called "actively managed"...
by Bruce | June 15, 2005 | Articles, Finance, Globalization, M&A, Strategy
While I’ve never been to a psychic or a tarot reader, or consulted my horoscope except when presented with the most utterly content-free tabloid, I’m about to make a prediction: Coudert Brothers is grooming itself for a merger by shedding its less...
by Bruce | June 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
The first post-Clementi shoe is about to drop in the UK, and it’s a fascinating one indeed. [For those of you who haven’t been paying attention, the "Clementi Commission" proposed fundamental reforms of the way UK law firms are governed,...