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A Conversation with Ray Bayley of NovusLaw

by Bruce | June 11, 2008 | Articles, Finance, Globalization, Practice Group Management, Strategy, Technology strategy

In the course of two hour-plus long interviews over the past couple of weeks with Ray Bayley, co-founder of NovusLaw, I learned that everything I thought I knew about outsourcing was wrong. Or rather, that I hadn’t thought about outsourcing, really, at all. Read...

A Conversation with Allen Fagin

by Bruce | June 7, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, Profiles of Individuals, Strategy

Last week I had the opportunity to sit down with Allen Fagin, Chairman of Proskauer Rose. Allen is Columbia BA summa cum laude, and Harvard Law JD cum laude at the same time he earned an MPP from Harvard’s JFK School of Government. He’s worked at Proskauer...

New York’s White Shoe, the Magic Circle, and Historical Path-Dependency

by Bruce | June 4, 2008 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Strategy

Chambers has a nice seasonal report it mails to subscribers, but it doesn’t provide it online. This is a pity (and, I predict, a practice with a finite half-life), but one of the articles in the issue I recently received (August 2007 for those of you following...

“CSO’s?”

by Bruce | May 28, 2008 | Articles, Compensation, Finance, Globalization, Innovative Managing Partners, Leadership, Strategy

Does your firm have a "Chief Strategy Officer?" Thinking about it? Tried it and didn’t like it? Well, apropos the news a couple of weeks ago that Cravath has a first ever director of strategic planning, we thought it would be timely to review...

Lessons From Toyota

by Bruce | May 25, 2008 | Articles, Cultural Considerations, Finance, Knowledge Management, Leadership, Practice Group Management, Strategy

Have you ever considered a completely different approach to strategic planning for your firm? An approach kind of like Toyota’s? Let me explain. There are traditional and classic strategic plans, which typically focus on practice group and geographic reach,...

Eversheds Brings Us “The Law Firm of the 21st Century”

by Bruce | May 22, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

Eversheds is often up to interesting things. One of the most attention-getting, which was just renewed for another year, was Tyco’s decision to entrust work it had previously distributed among 250 law firms exclusively to Eversheds. Here’s the deal in a...
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