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,...
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...
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...
