by Bruce | May 11, 2006 | Articles, Compensation, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management
Across the pond, anti-age discrimination regulations are going to go into effect in October, and firms are already bracing for their impact. This is what they require, in a nutshell: "The Regulations apply to employment and vocational training. They...
by Bruce | April 30, 2006 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy
Herewith our last two charts of the weekend. First, we have the cumulative "market share" (revenue) of the AmLaw 100 in rank order, showing that the top 28 or so firms have 50% of the market. Antitrust 101 tells us this is a very fragmented...
by Bruce | April 29, 2006 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy
Here at "Adam Smith, Esq.," the release of the annual AmLaw 100 feels a bit like Super Bowl weekend; there are lots of stories to report. Fortunately, here in virtual space, we have unlimited newsprint and ink. Here are a few more ways to slice the...
by Bruce | April 29, 2006 | Articles, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
Today we have the AmLaw 100 ranked by Revenue per Lawyer, one of my favorite metrics. Why one of my favorites? First of all, it provides insight into the extent to which a firm actually achieves the Holy Grail sought by all—to do a larger proportion...
by Bruce | April 28, 2006 | Articles, Finance, Globalization
The AmLaw 100 for 2005 is out. Here are two different slices of the Top Quartile: By percentage growth in revenue 2005 vs. 2004 (I actually give you the top 27 since the first two are not meaningful): 2005 Rank 2004 Rank Firm 2005 Gross Revenue Change From 2004...
by Bruce | April 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Strategy, Technology strategy
In the classic "The Innovator’s Dilemma," Clayton Christensen analyzed how companies at the top of their game, with brilliant and successful products, and focused on their core clients, could be undercut and eventually dethroned by small, pesky...