by Bruce | June 10, 2005 | Articles, Compensation, Finance, Globalization, Leadership, Strategy
I wrote a few days ago about "the cautionary tale of Coudert," but with more background emerging from Legal Week’s excellent coverage, some additional insight into the firm’s truly alarming predicament is possible. Let me preface all I’m...
by Bruce | June 9, 2005 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy
Now that pretty much everyone has tossed in their 2 cents on Thomas Friedman’s new book, "The Earth is Flat," to the point where a few people are saying enough is enough, I’d like to try to introduce a measured dose of calm and clarity about...
by Bruce | June 7, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The percentage of AmLaw 200 firms with an office in New York is? 65%, with, according to The American Lawyer, more wannabe immigrants to New York in the wings. New York has always been known for two superficially contradictory, but I devoutly believe...
by Bruce | June 6, 2005 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Pop quiz: Q: How many companies on the Forbes 100 list 25 years ago (1978) are still there today? (Forbes ranks firms by market cap; Fortune ranks them by revenue.) A: 32, or an attrition rate of 68%. (35 were taken over, 30...
by Bruce | June 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, M&A, Strategy
Apropos the results of the readership survey, which found a high number of respondents worried about the seemingly relentless consolidation of the legal industry—apparently from both those participating in the consolidation and those wanting to be left...
by Bruce | June 4, 2005 | Articles, Finance, Globalization, M&A, Strategy
"Inimitable" is grossly over-used, but I’m at a loss for words after reading Aric Press’s latest column introducing the current issue of The American Lawyer and recognizing again what an iconoclastic thinker he is. (Disclosure: Aric,...