by Bruce | April 7, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, M&A, Strategy
Globalization of the Legal Profession Indiana University School of Law/Bloomington Thursday, April 6, 2006: 8:30am—5:00 pm As noted, I attended this conference this past week, and I wanted to summarize a few of the highlights of the presentations. Chris McKenna...
by Bruce | April 5, 2006 | Articles, Finance, Globalization, Leadership, M&A, Strategy
Although the US press doesn’t seem to have picked up on it yet, Reed Smith is merging with London’s Richards Butler to create a 1300-lawyer firm with annual revenue projected to be $725-million. Richards Butler is a 75-year-old, top-30 City of London...
by Bruce | April 5, 2006 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Patrick McKenna and I have plans up our sleeve(s?) to get the dozen or so "Chief Strategy Officers" that we’ve been able to identify in the AmLaw 200 together for a day—probably in mid- to late June, and probably in Washington, DC (though time...
by Bruce | April 4, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Practice Group Management, Strategy
How well does your firm know its clients? More pointedly: How richly, truly, deeply does your firm understand your clients’ attitudes towards your firm at large, the services you provide, and the individuals who provide it? Even if your firm is in...
by Bruce | April 1, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Partnership Structures, Strategy
By now a fair amount of blawgosphere ink has already been spilled on Cameron Stracher’s Op-Ed in today’s WSJ, “Cut My Salary, Please!” arguing, essentially, that the recent round of associate pay hikes (from $125,000 to $145,000 for...
by Bruce | March 31, 2006 | Articles, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Partnership Structures, Strategy, Technology strategy
Legal Week sounds the alarm about the coming of the "procurement professionals" to the selection and hiring of outside counsel, and predicts, based upon their impact in other sectors: at least a 15% reduction in fees; greater objectivity in the selection...
