by Bruce | August 20, 2006 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Today’s topic is funding partner contributions to the firm’s capital. Specifically, how does one fund those contributions? And since the question is empirical, we have a poll, to which I invite all familiar with their firm’s practice to...
by Bruce | August 13, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Law Technology News has a panel—although it actually seems to be a list of isolated commentators, not an interactive group discussion—talking about "how the emergence of business intelligence financial analysis software is going to affect the legal...
by Bruce | August 11, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
My good friend and colleague Patrick McKenna just released a new e-book, "The First 100 Days: Transitioning a New Managing Partner," which is available for free download and reading here, using the nifty "Nxtbook" publishing platform. ...
by Bruce | August 3, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Although the jury may still well and truly be out on whether the consolidation wave among AmLaw firms: (a) is just getting started; (b) has already crested; (c) is the smartest thing firms could possibly do in our increasingly globalized and client-centric world; (d)...
by Bruce | July 30, 2006 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management, Technology strategy
The latest issue of CIO Insight features a lead article called, "Most Companies Struggle to Measure the Value of IT," and headlines: "No right way has emerged to measure IT value, and the most common measures fare the worst." To hear them...
by Bruce | July 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
My friend Prof. William Henderson of Indiana University Law School/Bloomington has diligently worked on an analysis of the profits-per-partner of single-tier vs. two-tier law firms, which was just published in the North Carolina Law Review (Indiana Legal Studies...