by Bruce | September 6, 2008 | Articles, Finance, Globalization, Leadership, M&A, Strategy
Best of times or worst of times to make some acquisitions? This is one area where the head/heart divergence may be more radical than usual—and where it could really cost you. Here’s how McKinsey poses the dilemma: "As the credit crunch threatens to...
by Bruce | September 5, 2008 | Articles, Finance
So maybe you can’t save your way into profitability, but you can save money more and less intelligently. And I’ll give you a hint: It’s not about how many meetings are held at times when food should be served. (Think I’m making this up? Firms...
by Bruce | September 1, 2008 | Articles, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Strategy
Time to take stock. This dratted credit crunch has now celebrated, if that’s the word, its first birthday, and there is no clarity about when it may end. What’s a law firm to do? If you believe McKinsey, and if you believe that where investment...
by Bruce | August 29, 2008 | Articles, Finance, Globalization, Practice Group Management, Technology strategy
Apologies for a dearth of columns this week, but I was at ILTA/2008 at the Gaylord Texan outside Dallas. Two comments about the Gaylord, Dallas, and August. First, the Gaylord comes as close as any place I’ve ever been to meriting the word...
by Bruce | August 22, 2008 | Articles, Compensation, Finance, Globalization, Leadership, M&A, Strategy
We have our first comprehensive report on how 2008 is shaping up financially, courtesy of The American Lawyer, and Dan DiPietro of Citi’s Private Bank, and it paints a picture of what are soon going to be, if they aren’t already, vastly diminished...
by Bruce | August 16, 2008 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
One of the most famous management books in recent history is The Balanced Scorecard, published in 1996 by two Harvard Business School professors, Robert Kaplan and David Norton. If you’ve never heard of it, you should at the very least become familiar with its...
