by Bruce | April 8, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
The Times (UK) asks today, "Slaughter & May v Clifford Chance: Who is pursuing the best route?" The article puts head-to-head two concepts of what makes for a great and powerful law firm: World-leading profits per partner, on one hand, vs. a...
by Bruce | March 29, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
In less than three weeks, on Thursday and Friday April 17 and 18, the Georgetown Law School Center for the Study of the Legal Profession will host the symposium, "The Future of the Global Law Firm." The Symposium will be at the Law School (a few blocks from...
by Bruce | March 26, 2008 | Articles, Finance, Strategy
The current issue of The Lawyer features the cover story, "US top 50’s £23.4bn haul makes 2007 the best year ever." (That’s $46.8-billion to us.) Top-line: Year over year revenue for the 50 largest US-headquartered firms was up...
by Bruce | March 25, 2008 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Today Altman Weil announced its release of The Legal Transformation Study: Your 2020 Vision of the Future, published by Decision Strategies International: “The comprehensive industry assessment identified 11 key global trends and uncertainties shaping the...
by Bruce | March 25, 2008 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy
The attentive among you may recall that I was in London last November where, among other things, I was pleased and flattered to have been asked by Guy Beringer of Allen & Overy to participate in a panel hosted at A&O’s Bishopsgate headquarters on...
by Bruce | March 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management, Strategy
No question is posed to me more frequently these days than, "What does this economic environment mean for law firms?" To which the only sensible answer is, "It’s way too soon to predict anything for sure, but each firm’s own situation is...