by Bruce | June 17, 2009 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy
Indicia: Is This Bull Cyclical or Secular in the WSJ, which contains the following observations as well as the following chart: Many investors are now calling the rebound in stocks since early March the start of a new bull market. But it could be only a temporary...
by Bruce | June 15, 2009 | Articles, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Strategy
Today we have an extremely unusual–for Adam Smith, Esq.–guest column. Indeed, if memory serves, this is only the third column in the history of this site (5 years, nearly 1,000 columns) not written by me. Leigh Dance is today’s...
by Bruce | June 9, 2009 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Strategy
Doubtless over the weekend many of you read the NYT’s longish story, “A Study in Why Major Law Firms Are Shrinking.” Truth in labeling would have changed the headline to “A Profile of White & Case So Far This Year,” but perhaps that...
by Bruce | June 3, 2009 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
The more I reflect on the news of GM’s bankruptcy, the more shocking I find it. My reaction is surprisingly akin to that when I learned of Eliot Spitzer’s or Bernie Madoff’s flameouts: How on earth could this happen? What were they...
by Bruce | May 27, 2009 | About the Site, Adam Smith Himself, Articles, Globalization, Strategy
I got back to New York this past Memorial Day Weekend after my extended European trip. While the trip was even more professionally rewarding and successful than I had hoped–not to mention fascinating and deeply gratifying on a personal level–I owe you all,...
by Bruce | May 7, 2009 | About the Site, Articles, Globalization
I leave this afternoon for nearly two and a half weeks in Europe on business, returning to New York Memorial Day Weekend. The trip covers Edinburgh (May 9-11), London (13-17), Vienna (18-19), and Budapest (20-22). Email should be [almost] wholly functional, and I...