by Bruce | October 12, 2012 | Articles, Compensation, Finance, Strategy
Lee Pacchia of Bloomberg Law recently interviewed me about some of the implications of “Growth is Dead.” Here it is: It’s 12 or 13 minutes but if you don’t have time for that we’ll be trying to cut it into bite-size snippets in the...
by Bruce | October 2, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Now well on our way into the Growth is Dead series, it’s only fair to offer up what we hope are some constructive ideas on how to deal with this phenomenon going forward. But first, a quick recap of some of the things we’ve touched upon: From more or less...
by Bruce | September 20, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
For some time, I’ve been struggling with how to characterize in pithy short-hand what our industry has been experiencing since almost four years ago to the day when Lehman Bros. collapsed. How about Economy I and Economy II? I steal the phrase from the...
by Bruce | September 16, 2012 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Our third installment in this series addresses partner expectations. Here’s the problem: There’s about to be a collision with reality. Let’s start with some data. In the quarter century since the The American Lawyer first published the AmLaw 100,...
by Bruce | September 10, 2012 | Articles, Business Models, Finance, Leadership, Strategy
Welcome to the second installment of “Growth is Dead:” Our topic for today is excess capacity. Let’s start with overall supply of new lawyers, which is the font of everything else. Thanks to the redoubtable Prof. Paul Campos (University of Colorado...
by Bruce | September 4, 2012 | Articles, Finance, Leadership, Strategy
If you believe the structural environment for BigLaw hasn’t fundamentally changed since 2008, the series I’m inaugurating today is not for you. (I would also have to ask, from a mystified perspective and in the kindest of ways, if you’re paying...
