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...
by Bruce | October 27, 2005 | About the Site, Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Strategy
More on my London journey: The raison d’être of the trip, as mentioned, was to meet the other partners of Edge International: That meeting was this past Saturday and Sunday at the Naval & Military Club hard on St. James’ Square in...
by Bruce | October 24, 2005 | About the Site, Articles, Finance, Globalization, Strategy
Dateline London (Has a nice ring to it, no?)My apologies to all for the blogging drought, but I will try to make up for it with a full report on my affairs in London when I return to NYC. (I arrive late-ish evening NYC time tomorrow/Tuesday, so Wednesday with any...
by Bruce | October 17, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
The Clementi Commission reforms appear closer than ever to reality, and their implementation could be as early as next year. For those of you who are only recent visitors to "Adam Smith, Esq.," the UK’s Clementi reforms will, in an utterly...
by Bruce | October 11, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
With this year’s award of "The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel," a/k/a the Nobel Prize in economics, to two masters of game theory, a brief recap of what game theory is and what it means for managers contemplating...
