by Bruce | December 22, 2008 | Articles, Finance, Globalization, M&A, Practice Group Management, Strategy
A Merry Christmas, Happy Holidays story of the first order: As noted this morning by The New York Times, Above The Law, and The WSJ Law Blog, Sonnenschein is acquiring about 100 lawyers, including 40 partners, from 160-year-old Thacher Proffitt &...
by Bruce | December 21, 2008 | Articles, Compensation, Finance, Leadership, Strategy
"Reports of my death have been greatly exaggerated." —Mark Twain, in a cable from London to US publishers, who had mistakenly printed his obituary. And so, for the entirety of my career, has it been the case with predictions of the demise of the...
by Bruce | November 23, 2008 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Strategy
Consider a nonrandom selection of headlines from The New York Times, The Financial Times, andThe Wall Street Journal: Citigroup Pays for a Rush to Risk Citigroup Tries to Steady Stock Turmoil Continues in Banking Sector Citigroup: You Can’t Step Into the Same...
by Bruce | November 15, 2008 | Adam Smith Himself, Articles, Finance, Globalization, Strategy
Consider Detroit’s Big Three. Having made what turned out to be bad bets on over-investing in now shunned product lines, they’ve been conspicuously laying people off, downsizing, attempting to renegotiate credit lines, and...
by Bruce | November 11, 2008 | Articles, Finance, Globalization, Leadership, Strategy
Our texts for today come from (in inappropriate order) the New Testament, as it were, and Peter Kalis, the chairman of K&L Gates: "The metaphysical question is whether you can have bulge-bracket Wall Street firms without Wall Street," says Kalis....
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...
