by Bruce | October 8, 2021 | Articles, Business Models, Finance, Globalization
ALM recently released its “2021 Global 200” law firms. (The “2021” rankings reflect FY 2020 results, as is ALM’s somewhat perverse custom.) These are, by their count, the largest 200 firms in the world by revenue. They also released the “2021 Global” firms ranked...
by Bruce | September 8, 2021 | Articles, Finance, Globalization, Just Plain Interesting, Leadership, Strategy
A few weeks ago, the investigation Credit Suisse commissioned Paul Weiss to undertake into how the bank’s relationship with Archegos Capital Management went so wrong–inflicting $5.5 billion of losses on Credit Suisse and a total of $10-billion in losses...
by Bruce | August 2, 2021 | About the Site, Articles, Compensation, Cultural Considerations, Finance, Leadership, Recruiting
In today’s FT, Andrew Hill, their gifted and prolific management essayist, published a column of that name (link works only for FT subscribers) discussing the unheard-of pressures on corporate deal lawyers–partners and associates alike–given the...
by Bruce | July 25, 2021 | Articles, Build Back Better, Cultural Considerations, Finance, Leadership
We’ve written that leaving the office was trivial, at least in retrospect–“fire alarm’s going off, everyone leave the building”–but that returning is going to pose one of the most complex...
by Bruce | July 9, 2021 | Articles, Cultural Considerations, Finance, M&A, Technology strategy
Scorching new data out on the volume of deal-making over the last 12 months or so, from Refinitiv courtesy of The Wall Street Journal (“Cash-laden companies are on an M&A Spree”). Ready for some once-in-a-lifetime-career numbers?: In the first six...
by Bruce | July 6, 2021 | Articles, Build Back Better, Business Models, Finance, Partnership Structures, Practice Group Management, Strategy, Technology strategy
We’ve written at fair length about our “maroons/grays” model for segmenting the law firm industry. Essentially, the model rejects customary or traditional dimensions of “compare and contrast” including: Size (revenue or headcount) Type of firm (litigation boutique,...