by Bruce | November 15, 2005 | About the Site, Articles, Globalization, M&A, Strategy
Bloomberg Radio interviewed me live early yesterday afternoon in connection with the release of the 2005 National Law Journal 250 rankings—and specifically about the reasons behind the 4.4% jump in headcount (the largest year over year increase since 2001). The...
by Bruce | November 14, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Strategy
Today I submitted the following book review to my friends at ALM Media. No telling if they’ll publish it, but the loyal readers of Adam Smith, Esq. deserve a look no matter whatFull disclosure: I count Bruce Marcus a friend (although I have never met or spoken...
by Bruce | November 12, 2005 | Finance, Globalization, Leadership, M&A, Strategy
I’ve written previously of my firm conviction that it’s people who make the times and not the times who make the people, and we’ve seen it in action again vis-a-vis the demise of Coudert. The two firms who pounced on the situation the fastest...
by Bruce | November 4, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The AmLaw Global 100 is now out, and here they are. Quick initial impressions, with more considered analysis to follow: Next year it will definitely take $1-billion to make the top ten. For comparison, two publicly traded companies that have almost exactly...
by Bruce | November 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
It comes as news to no one that mergers have recently been changing the legal landscape. Tony Williams and I share the view that we are witnessing the transformation of the industry’s fundamental structure, into a form that may endure for decades going...
by Bruce | October 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Strategy
Actually, this post is less about hockey players and associates than it is about how the top firms are all able to mysteriously agree on the "going rate" ($125,000 for first year’s) without colluding, and on the dynamics behind the scenes when that...