by Bruce | January 11, 2005 | Articles, Cultural Considerations, Finance, Leadership, Strategy
If you believe Hildebrandt, there were 47 law firm mergers of significance last year. (The editorial insertion "of significance" is my own, because while Hildebrandt says they limit their sample to law firms of five or more attorneys, the private...
by Bruce | January 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Strategy
“I can’t think of a more important problem facing the profession,” Justice Breyer told Washington Lawyer, “than how to maintain a life for a young lawyer that will lead to satisfaction in his or her career, that will produce time for a family,...
by Bruce | January 3, 2005 | Articles, Finance, Globalization, Leadership, Strategy
The Lawyer (UK) is out with its Global 100 for 2004 and their gloss on the raw statistics, understandable given their perspective, highlights the different approaches to globalization taken by UK and US firms. One strategy to adopt vis-a-vis globalization...
by Bruce | December 31, 2004 | About the Site, Articles, Compensation, Finance, Just Plain Interesting, Strategy
I just finished reading Tombstone: A Lawyer’s Tales from the Takeover Decades (Farrar, Straus & Giroux: 1992) by Lawrence Lederman, former chairman of the corporate practice at Milbank-Tweed (and still a partner there), who started his career as...
by Bruce | December 30, 2004 | Articles, Cultural Considerations, Finance, Leadership, Marketing, Practice Group Management, Strategy
A theme I want to develop, and which I’ve alluded to before, is the impact that "Practice Group Management" can have on a firm’s strategy, cohesiveness, and profitability. What is "practice group management," in a nutshell? ...
by Bruce | December 22, 2004 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
More from the redoubtable FT about what may transpire from marketplace forces released after (the widely expected) adoption of the Clementi Commission recommendations in the UK. (If you don’t know what the Clementi Commission is, as one of my law...