by Bruce | May 13, 2008 | Articles, Finance, Globalization, Leadership, Strategy
The Lawyer came out this morning with its first-ever Transatlantic Elite, profiling the leading firms on both sides of the pond. I’m not aware of a comparable journalistic project, or of one that matches its ambition. What it’s not, first of...
by Bruce | May 12, 2008 | Articles, Finance, Globalization, Leadership, Marketing, Strategy
According to a McKinsey study, in the corporate world, for every five attempts to enter a new market, four fail and only one succeeds. And this isn’t limited to startups or novice businesses; it includes very sophisticated firms. For example? Anheuser-Busch...
by Bruce | May 8, 2008 | About the Site, Articles, Finance
Yesterday Aric Press of The American Lawyer and I were interviewed on the "Legal Talk Network" for this week’s half-hour installment of "Lawyer2Lawyer," on the topic of what the recently released 2008 AmLaw 100 figures reveal about the state...
by Bruce | May 6, 2008 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
Thinking of going to a two-tier (equity and non-equity) partnership? Or of increasing the non-equity ranks if (like 80% of the AmLaw 100) you’re already two-tier? I’m here to counsel extreme skepticism. And I’m tempted to be even more...
by Bruce | May 5, 2008 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
A loyal reader, partner in an AmLaw 25, writes, under the topic "Could we be developing a ‘bubble’ in law firm PPP:" Bruce: I’d be interested in getting your thoughts on the above question. If you define a market "bubble,"...
by Bruce | May 2, 2008 | Articles, Finance, Leadership, Strategy
One of my core beliefs is that no one is entitled to incumbency. I can point to the turnover in the AmLaw 100, but to abstract from our industry is often more illuminating because no one gets defensive. In terms of understanding and analyzing enduring corporate...
