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New Client Minimums? Meet DLA

by Bruce | February 18, 2011 | Articles, Cultural Considerations, Finance, Strategy

Tim Bratton, the general counsel of the Financial Times, has an interesting perspective on DLA Piper’s recently announced plan to revamp its client base. Here’s what that entails: All partners were given details of the framework last month as part of a bid...

Show Me the Money (And the Love)

by Bruce | February 1, 2011 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management

Here on Adam Smith, Esq., we’ve never devoted a lot of ink to work/life balance issues or, for that matter, to lawyers’ happiness with their jobs, stress levels, rates of depression/alcohol abuse/divorce (all of which, as is well-known, we over-index on),...

Kaizen Comes to The City

by Bruce | January 27, 2011 | Articles, Business Models, Finance, Innovative Managing Partners, Partnership Structures, Strategy

A few days ago I had a chance to catch up with my friend Alex Hamilton, now at radiant.law.  (I knew Alex in his previous position as a Latham partner and wrote about his efforts behind Latham’s online “Capture” tool for clients.)  I...

First in a Series on Strategy in the New Normal

by Bruce | January 21, 2011 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

“With all respect, I think that’s the wrong question. There’s always new stuff out there, and most of it’s not very good. Rather than looking for the next musing, it’s probably better to be thorough about what we know is true and make...

We Are Not Alone

by Bruce | January 6, 2011 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management

This is a tale of how this is not your father’s recession. About a year ago I read Reinhart and Rogoff’s This Time is Different:  Eight Centuries of Financial Folly, which ably–and depressingly–provides chapter and verse on how the aftermath of...

Three Experts in Los Angeles November 10 on Managing Discovery Costs

by Bruce | October 20, 2010 | Articles, Finance

We’re working with LexisNexis on a series of panels around the country. Here’s the next one, which will be: In Los Angeles Wednesdary, November 10 8 — 11 am Pacific time At the Sofitel, LA (Google Mapped here) The following is from the marketing...
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