by Bruce | August 8, 2005 | Articles, Finance, Globalization, Leadership, Strategy
"Historically there have been too many lawyers being made equity partners." If you had to guess, would you surmise those words come from a major league headhunter at the top of his game? Isn’t that akin to poisoning the pond in which you...
by Bruce | August 4, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
If "quadrifecta" is a word, then I suppose we have one, although some of the four firms constituting it are, in the immortal words of Orwell’s Animal Farm, "more equal than others." Reed Smith is reported to be eyeing an acquisition of...
by Bruce | July 28, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy, Technology strategy
Should law firms ever be in businesses other than practicing law? And does the answer to that turn on legal ethics, or on microeconomics, or both? The question is no longer academic. In "All in One Law Firms," the Financial Times reports...
by Bruce | July 20, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Wilmer Cutler, in conjunction with Harvard Business School, and Chicago’s Seyfarth Show, with Northwestern’s Kellogg School of Management, have now followed Reed Smith and DLA Piper in initiating formal long-term collaborative efforts to train their...
by Bruce | July 20, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
"Equilibrium" is a term that has special meaning in economics, although its definition can seem somewhat tautological: It’s the state of affairs where there is no impetus or force for change. The textbook example is where the price in a...
by Bruce | July 11, 2005 | Articles, Finance, Globalization, Leadership, Strategy
A few weeks ago, I posited that Coudert had every appearance of primping itself for a merger. But as the news becomes increasingly grim, disintegration seems ever more likely. What’s left of value? Basically, New York. Poignant that The...
