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The First “Savvy Blawgers” Panel Challenge: Results

by Bruce | December 20, 2004 | Articles, Finance, Globalization, Leadership, Strategy, Technology strategy

The returns from the First "Savvy Blawgers Panel" Query are in, and it’s time to report on what the aggregated intelligence of this rare and unusual combination of individuals has come up with.  The "Savvy Blawgers Panel" notion, as...

You Thought Market Forces Were Formidable Now?

by Bruce | December 16, 2004 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy

Say "Clementi Commission" on this side of the Atlantic and draw blank stares; say it on the other side and it is safe to say you will launch an immediate fray. The Commission has proposed, and the government has pledged to support, legislation that will...

Billable Rates Rise Again. So What?

by Bruce | December 11, 2004 | Articles, Finance, Globalization, Leadership, Marketing

Half full or half empty?   That’s my somewhat non-plussed reaction to the National Law Journal’s release of its annual hourly billing rates update.  Of the 110 firms responding to the questionaire, 88 reported increases in partners’...

Are We “Corporate” Yet?

by Bruce | December 10, 2004 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy

Just how "corporate" is the management model at sophisticated firms?  While there may be superficial similarities of structure in an increasing number of firms, Legal Week posits that if lawyers simply mimic a corporate form of management without...

Where’s the Dial That Controls Profitability?

by Bruce | December 8, 2004 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy

Perhaps the single most challenging question to answer cogently—from both the economic and intellectual perspectives—is what can law firm managers actually do to increase profitability?   You imagine rightly, dear reader, that I have sacrificed...

Piper Rudnick/DLA Round 2

by Bruce | December 7, 2004 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy

More on the Piper Rudnick/DLA deal again courtesy of The Financial Times.  Nigel Knowles, managing partner of DLA, tosses out the unnecessary comment that "Piper Rudnick’s reasons [for the deal] may be slightly more defensive, while ours may be...
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