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Allen & Overy Under the GAAP Microscope

by Bruce | July 11, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures

“As a profession, if we are to be taken seriously, we need to move to a sensible reporting regime that is based on real figures, and not on those stage statistics that appear.”  The words of an impractical academic?  A frustrated journalist...

Outsourcing Legal Work to India: Now, or Never?

by Bruce | July 7, 2005 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy

Outsourcing may currently be at the stage of "mostly talk, little action"—or, what is my theory, those who are doing it aren’t talking—and in the absence of more real-world empirical experience, sometimes the best alternative while...

Slicing the AmLaw 100 Differently

by Bruce | July 6, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

I want to show you another view of the AmLaw 100, this ranked by "Revenue/Lawyer," a trivially simple calculation to perform, but which reveals a wealth of insight.  Some of the results are obvious—our friends at 52nd and Sixth have almost lapped...

Economic Literacy for All

by Bruce | July 6, 2005 | Articles, Cultural Considerations, Globalization, Just Plain Interesting

According to The Wall Street Journal, the popularity of economics as an undergrad major is rising:  Up 40% in the US in the past 5 years, and the #1 major at Harvard, Columbia, and NYU.  Even in Russia and Poland—or, when you think about it, especially...

DLA Piper: Second to the B-School Party But Still to Be Applauded

by Bruce | July 1, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

The UK’s The Lawyer has a weekly poll, which as typically befits such "reader candy" items is usually trivial or gossipy, but this one got my attention: "Last week we asked: The Lawyer revealed this week the resignation of White & Case’s...

Of Revenue Trends and Winners & Losers

by Bruce | June 29, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy

I promised a more substantive gloss on the AmLaw 100 results, and, while I have not run this by any Ph.D.’s in statistics, I think it tells a fascinating and possibly powerful story—which, more importantly, might even accord with some of the hypotheses and...
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