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...
by Bruce | July 31, 2004 | Articles, Finance, Globalization
Across the pond, financial news is bad, at least if you’re among the top 10 "City" [read: London-HQ’d] firms. Profits per partner are down almost 8% year over year, and there’s apparently no sign of recovery from the obvious and...
by Bruce | July 21, 2004 | Articles, Globalization
Globalisation is here to stay: As we say in New York, "Tell me something I don’t know." The question of interest is who’s doing it well and who’s doing it poorly, and what lessons can be drawn? Asian Legal Business did a nice...
by Bruce | July 17, 2004 | Articles, Globalization
The Economist has an infuriatingly brief article referencing the annual ranking of the 50 "global elite" law firms by the British publication Legal Business. First, to the article, second, to the first ever "Adam Smith,...
by Bruce | July 7, 2004 | Articles, Globalization
For those of you who may not be familiar with the work of David Maister, I implore you to introduce yourself to his thinking by taking a look at his latest book, First Among Equals. David is, simply put, a High Priest in the dark art of managing Type A...
