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26% of Your Profitability Is In Your Hands

by Bruce | January 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy

Questions for your managing partner, executive committee, and executive director: Is your  firm as profitable as it could be?   How does it measure up vis-a-vis its peer group?  And what defines that "peer group," precisely?  Do you...

Where Will Your Firm Be in 2015?

by Bruce | January 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Practice Group Management, Strategy, Technology strategy

Total world cross-border trade as a percentage of global GDP 1990: 18% 2015 (estimated): 30% Computational capability of an Intel processor, as measured in instructions per second 1971: 60,000 2005: 10,800,000,000 Multiple by which e-mail traffic has grown from 1997...

“Globalization” Conference at Indiana Univ. Law School

by Bruce | January 16, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

Indiana University School of Law at Bloomington—where my good friend Prof. William Henderson teaches—will be hosting a symposium on "The Globalization of the Legal Profession" Friday, April 6, 2006.  I’m pleased to report that I will...

Meet “Bloomberg Law”

by Bruce | January 15, 2006 | Articles, Finance, Globalization, Knowledge Management, Marketing, Strategy, Technology strategy

Last week I met the head of Bloomberg’s relatively new "Law" initiative, aimed at putting $1,500/month Bloomberg terminals on the desks of senior partners and general counsel.  Before I describe what "Bloomberg Law" is about, I invite...

Proxy Statements for Law Firms? On The Consequences of Full Disclosure

by Bruce | January 14, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy

Regular readers will know that I’m a firm subscriber to the Law of Unintended Consequences, which is also why I try to exercise consistency in analyzing "dynamic" and not just "static" effects of a proposal.  Clarification:  The...

Clifford Chance’s Peter Cornell Steps Down: Lessons Learned

by Bruce | January 12, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy

End of an era? Peter Cornell’s decision not to stand for re-election as global head of Clifford Chance certainly feels that way, although as we’ve argued before, his timing is impeccable.  Now comes an interview with The Lawyer in which Cornell...
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