by Bruce | March 27, 2007 | Articles, Compensation, Finance, Partnership Structures
A couple of weeks ago, I asked you whether profits per partner were the proper measure of firm success, borrowing from and building on the thinking of Guy Beringer, a senior partner at Allen & Overy. In that piece I included a poll, and enough results are...
by Bruce | March 23, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
The 19th Century was Britain’s, the 20th Century was the United States’, and the 21st Century is____? China’s, of course! (Said he to resounding acclamation, being congratulated on stating the obvious.) So, is it? Truth be told, the most...
by Bruce | March 17, 2007 | Articles, Finance, Leadership, Strategy
If you’re at at all like me, you’ve read more than your share of interesting articles about game theory, and you love the notion in the abstract, but you’ve never figured out exactly how it could apply in the real world—make that, your world....
by Bruce | March 15, 2007 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Earlier, I wrote about the 12th annual "Law Firm Leaders Forum" held in San Francisco last week, which I was able to attend as a guest of Orrick, Herrington & Sutcliffe, whose Chairman & CEO, Ralph Baxter, has been a sponsor of the event from the...
by Bruce | March 12, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Guy Beringer, a senior partner at Allen & Overy and someone you should be acquainted with if you want to follow the leading thinkers about the future of our profession, has written a thoughtful and desperately overdue piece on "Profit per equity partner as a...
by Bruce | March 9, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Practice Group Management, Strategy
Whether or not your firm has a private equity practice, you’re surely familiar with its just this side of astonishing rise over the past half decade or so. And if you’re like me you’ve asked yourself, "Who are those guys?" What...
