by Bruce | May 17, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Are lawyers suffering "arrested development," as the cheeky title of a dead-serious article has it at Legal Week? Professional development is one of the pantheon of gods whose worship is most often honored in the breach, or else by procrustean...
by Bruce | May 14, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Strategy, Technology strategy
The New York Law Journal is reporting that, under the auspices of the New York County Lawyers Association, "more than 60" law firms have agreed to a written pact to report to their corporate clients the makeup of legal teams by "race, gender, ethnicity,...
by Bruce | May 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
Business Week asks "Has the job of CEO for a megacompany become too complex to handle?" We might well ask, "Has the job of Chairman of an AmLaw 50 firm become too complex? Is it asking too much to expect one person to occupy a position of...
by Bruce | May 11, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
Sometimes, in the famous phrase, "a cigar is just a cigar," but other times I think you can read the tea leaves to suss out evidence of larger trends. Such, in any event, was my reaction to this seemingly low-visibility story that a three-member "tax...
by Bruce | May 4, 2005 | Adam Smith Himself, Articles, Compensation, Cultural Considerations, Finance, Leadership
Pro bono work, services or cash donated to legal aid, and charitable contributions by law firms in general have received scant attention at "Adam Smith, Esq.", a shortcoming I hereby resolve to remedy, if for no other reason than that the actual Adam Smith...
by Bruce | May 2, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
How is leadership related to management? According to the Harvard Business School’s Working Knowledge magazine, not at all. Let’s start with what makes a great manager: They grasp what is the essential strength of each person and...