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...
by Bruce | June 30, 2004 | Articles, Globalization
And, for the record, the Global 100 (most recent listing). This article also provides background to how some of the UK firms rank as highly as they do, and what’s behind their profitability strategies. In a word, "leverage." UK firms in the...
by Bruce | June 26, 2004 | Articles, Globalization
For a variety of reasons, most reflecting what the common wisdom would view as inexorable global trends, the once-sleepy arena of client conflicts is increasingly visible and problematic. In the UK, the Law Society (more or less analogous to the ABA) is...