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...
by Bruce | December 20, 2004 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy
The returns from the First "Savvy Blawgers Panel" Query are in, and it’s time to report on what the aggregated intelligence of this rare and unusual combination of individuals has come up with. The "Savvy Blawgers Panel" notion, as...
by Bruce | December 16, 2004 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy
Say "Clementi Commission" on this side of the Atlantic and draw blank stares; say it on the other side and it is safe to say you will launch an immediate fray. The Commission has proposed, and the government has pledged to support, legislation that will...
by Bruce | December 11, 2004 | Articles, Finance, Globalization, Leadership, Marketing
Half full or half empty? That’s my somewhat non-plussed reaction to the National Law Journal’s release of its annual hourly billing rates update. Of the 110 firms responding to the questionaire, 88 reported increases in partners’...
by Bruce | December 10, 2004 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Just how "corporate" is the management model at sophisticated firms? While there may be superficial similarities of structure in an increasing number of firms, Legal Week posits that if lawyers simply mimic a corporate form of management without...