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...
by Bruce | March 8, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
I’m composing this on the plane on my way to the 12th annual "Law Firm Leaders Forum: Leading the Law Firm of the Future" this Thursday and Friday, March 8 & 9, at the Four Seasons in San Francisco. Ralph Baxter of Orrick founded the "Leaders...
by Bruce | March 6, 2007 | Articles, Compensation, Finance, Globalization, Leadership, Strategy
Is there anything remaining to be said about the Great Associate Salary Spike of 2007, to a starting salary of $160,000 at New York offices of big deal firms? (You might be excused for thinking there’s not, if you were to follow every link in this round-up.)...
by Bruce | February 16, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
"I’ve become accustomed in the last six years to facing the presumption that a profession cannot be a business in its true sense. It is quite a common assertion, made equally by a number from within our own profession. It is underpinned by the belief that...
by Bruce | February 14, 2007 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, Partnership Structures, Profiles of Individuals, Strategy
Last month I had a chance to sit down with Pete Kalis, Chairman and Global Managing Partner of K&L Gates, for nearly two hours—and don’t think for a moment that we even scratched the surface of all we wanted to discuss. The pretext for our meeting was...