by Bruce | March 16, 2005 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Despite the stupefying fact that The Wall Street Journal reported late last year that 45% of Americans believe "literally" in the Biblical story of Creation, whereas only 31% subscribe to the theory of evolution (have you thanked a teacher today?), Darwinian...
by Bruce | March 10, 2005 | Articles, Finance, Globalization, Knowledge Management, Leadership, M&A, Strategy
If you believe Legal Week, the waters are already choppy and will become downright stormy for tech-centric California-based firms, particularly the two remaining powerhouses of Silicon Valley, Wilson-Sonsini and Cooley-Godward. [As to other late, great...
by Bruce | March 8, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
If you think practice group management is a fad that will run its course, you should read this piece by Patrick McKenna. [Patrick is a well-known expert on strategy and practice management and, among other things, co-author with David Maister of "First...
by Bruce | March 6, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
To risk stating the obvious, a major downside of acquiring powerful lateral partners or small groups thereof is that they will not stay. Now The American Lawyer has a piece covering the story of same over the past five years or so, complete with a helpful and...
by Bruce | March 4, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
I believe this is a first, but I’m about to quote an astute and interested UK reader’s unsolicited, over-the-transom "letter to ‘Adam Smith, Esq.’" in its entirety. At first I thought I could edit it gracefully for concision,...
by Bruce | March 2, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy
Yesterday’s post about the Hildebrandt/Citigroup annual 2004 recap said nothing about a topic they dwelt on which I deemed sufficiently distinct and newsworthy in itself to merit separate commentary. Specifically, they cited four developments in firm structure...
