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M&A, Meet Strategy

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)...

Can We Measure the ROI of IT? Should We?

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...

Single-Tier vs. Two-Tier: What the Data Does (and Does Not) Show

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...

The War for Talent

by Bruce | July 26, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy

Legal Week argues that "ensuring the best individuals make it up the partnership ladder has never been harder." They (properly) cite the landmark McKinsey study of nearly ten years ago, The War for Talent, which surveyed 6,000 executives from the "top...

Is Your Firm an IT Pioneer, or a “Fast Follower?”

by Bruce | July 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Technology strategy

Rarely do the stars align to find David Maister, Richard Susskind, and Kieran Flatt (Legal IT) all writing about the same thing at the same time, but when it so happens the opportunity to try to synthesize their thinking is too rich to pass up. The common topic du...

Do the AmLaw 200 and the Fortune 500 Follow in Each Other’s Footsteps?

by Bruce | July 18, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

My friend Professor Bill Henderson of Indiana University Law School/Bloomington continues his fascinating empirical research into the legal profession with a new piece which analyzes, over the past 20 years, the geographic migration of large law firms and their...
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