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Alternatives to PPP: The Word from London

by Bruce | December 27, 2007 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy

As many of you know, back in  November I was in London for a week.  Among other activities—many other activities—I was pleased to be invited to participate in a panel discussion hosted by Guy Beringer of Allen & Overy, who was on the panel,...

A Compensation Meditation

by Bruce | December 26, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Our  text for today, Dear Reader, coming from The American Lawyer, is as follows: "There’s nothing like a fund-raiser at a private school in Manhattan to define your social station. Time was, lawyers were near the top of the heap. Investment bankers...

The Missed Exit Ramp

by Bruce | December 13, 2007 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management

Today, in a rare departure into citing what not to do, we have as Exhibit A a piece in the current issue of the ABA’s Law Practice Magazine, "Essential Attributes of Successful Managing Partners."  And what, pray tell, are those attributes of the...

Report from Hong Kong

by Bruce | December 9, 2007 | Articles, Cultural Considerations, Finance, Globalization, Strategy

An initial report from Hong Kong (written in HK and in mid-air, but published from New York): If you’ve never been to Hong  Kong, you  should know that the Brits may be unsurpassed in their talent for choosing their colonial HQ’s.  The...

Globalization: What Feeds Your Network?

by Bruce | November 23, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

There are different ways of being a global firm, and while all may not be, ultimately, equally successful, I believe we’re in a period of experimentation and exploration, unsure as an industry which global model will prove superior—and in the event there...

Thoughts on London from a New Yorker

by Bruce | November 21, 2007 | Articles, Finance, Globalization, Leadership, Strategy

It has frankly taken me some time to assimilate my thoughts following my week in London, not because the impressions were undefined but because they were so consistently strong. Herewith my report. London is gaining and New York is losing. This was brought home to me...
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