by Bruce | October 23, 2008 | Articles, Finance, Strategy
I am happy to re-publish the press release issued this morning by ThomsonReuters reporting on a new alliance we have struck. For my purposes, the value of this will be being able to offer you, my readers, an additional perspective on legal industry market conditions...
by Bruce | October 22, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
We are surely living in times of manic-depressive equity and fixed-income markets ("We’ve made the future safe for Western financial institutions!" "No, we haven’t!). New York City itself can seem to be suffering from one gigantic case...
by Bruce | October 14, 2008 | Articles, Finance, Globalization, Leadership, Practice Group Management
Making the rounds is a presentation by Sequoia Capital on "startups and the economic downturn," which constitutes a sort of come-to-Jesus meeting for that storied VC firm’s portfolio companies. It tells a tale of radical gloom, with...
by Bruce | October 7, 2008 | Articles, Finance, Globalization, Strategy
A few weeks ago I posed the question to you all: Will the realignment of the top financial services institutions fundamentally alter the long-term demand for legal services? Here’s how you voted: A couple of aspects of these seem worth commentary: ...
by Bruce | October 4, 2008 | Articles, Finance, Globalization, Leadership, Strategy
With all the body blows the New York City financial services industry and its attendant handmaidens (BigLaw, that would be you) have taken in the past couple of months, it may be time to remind ourselves that for the past two centuries or so, ever since New...
by Bruce | October 1, 2008 | Articles, Finance, Strategy
Analogies are imperfect (that’s why they’re called analogies), but here’s an interesting thought experiment tying together the wild rides investment banks have had on Wall Street during the past few weeks and the potential impact of the Legal...