by Bruce | September 17, 2004 | Articles, Finance, Globalization, Leadership
Starting this past summer, Associate Professor of Law William Henderson, of the Indiana University School of Law—Bloomington and I have been working behind the scenes on the "Law Firm Research Project." Prof. Henderson teaches a course called...
by Bruce | September 10, 2004 | Articles, Globalization
OK, let me be blunt: AmLaw 200 firms are simply too large and too complex enterprises to be managed with any less professionalism and strategic and financial acuity than equivalent-sized corporations. (These days, "equivalent-sized" means about...
by Bruce | August 27, 2004 | Articles, Finance, Globalization, Strategy
Will 8% of all lawyer jobs be "outsourced" by 2015? So Forrester Research would have it. GE’s inhouse department claims to have already saved $2-million by putting eight lawyers and nine paralegals in Gurgaon, India. So the...
by Bruce | August 23, 2004 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures
Although this Hildebrandt article dates back to 2000, its premise that law firms of the future will migrate to the model of having full-fledged CEO’s as business leaders strikes me as visionary then and almost palpably the direction in which the world is headed...
by Bruce | August 14, 2004 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures
Lockstep, modified-lockstep, lockstep with pay for performance, or pure "eat what you kill?" This is an issue which has not, to say the least, achieved equilibrium. "Equilibrium" in economics means something akin to what "climax...
by Bruce | August 2, 2004 | Articles, Globalization
This thought has been brewing for awhile, but since I find triumphalism—and even gloating—rather loathsome, I have kept it out of these pages. Until now. The thought is: US-based firms have out-maneuvered their UK-based counterparts in staking...