by Bruce | July 25, 2007 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management
But enough about Gen X and Gen Y. As urgent as the issues of associate retention can be, with the human costs and the financial repercussions front and center, it’s time to focus on the other end of the generational spectrum: Partners nearing...
by Bruce | July 20, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy, Technology strategy
We conclude our three-part history of Allen & Overy with the years 1998—2007, the decade surrounding the turn of our current century. These years are, for my money, primarily the story of A&O’s investments in internationalization bearing...
by Bruce | July 18, 2007 | Articles, Finance, Globalization, Just Plain Interesting, Partnership Structures, Strategy, Technology strategy
My friend Professor William Henderson at Indiana University School of Law—Bloomington just sent word of a new initiative the law school is launching in conjunction with the American Bar Foundation. Called the "Law Firms Working Group," the...
by Bruce | July 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
When we left Allen & Overy in June 1971, Jim Thomson had just died. "He, more than any one other single individual, represented Allen & Overy; in the minds of many people in the City, clients and competitors alike, Jim Thomson was Allen &...
by Bruce | July 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Partnership Structures, Strategy, Technology strategy
The FT is out with its second annual "Innovative Lawyers" Survey and much has changed since I reported on the original survey a year ago. Primarily, the survey is far more ambitious in scope this year: "The 2006 report covered only UK lawyers...
by Bruce | July 5, 2007 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy
The current issue of the ABA Journal (July 2007) has an article recapping the debate on the likelihood and advisability of publicly-traded law firms in the United States. Some of the more notable positions on the topic are: “It’s hard to say anything...
