by Bruce | August 17, 2016 | Articles, Finance, Leadership, Strategy
Last year The American Lawyer introduced a new metric into its annual reports, “Profit per lawyer,” or PPL. Briefly, here’s what they said about it back in April, the second year they calculated it: Introduced last year, this metric is an alternate way of looking at...
by Bruce | August 11, 2016 | Articles, Business Models, Leadership, Strategy
Spoiler alert: If you’re looking for a hard-hitting expose of everything that’s wrong with RPL, look elsewhere. I’m on record as saying that RPL is the most telling metric we have, and I stand by that with permission to amend, or permission to put...
by Bruce | July 28, 2016 | Articles, Business Models, Finance, Leadership, Strategy
This is the first part in a series I will audaciously and perhaps misguidedly and at the risk of over-promising call “Metrics that might matter.” It’s prompted, as many new creative efforts in human life, by frustration with the status quo. Our...
by Bruce | July 19, 2016 | Articles, Business Models, Compensation, Finance, Leadership, Strategy
With the release a bit earlier this month of Legal Business’s annual “Global 100,” we have more data to scrutinize, should we care to. I’ll give you the highlights of the numbers here but even the most innumerate among us could not exactly...
by Bruce | June 9, 2016 | Articles, Business Models, Finance, Leadership, Strategy
“Something looks wrong.” So begins Greg Ip’s most recent column in The Wall Street Journal. What exactly “looks wrong?” Well, the economy, stupid. Specifically, as Ip points out, consumer spending has been rising strongly recently but...
by Bruce | May 7, 2016 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Back in New York from a solid week of meetings in London (17 in five days) and a few observations, reflections, musings, and speculations come to the fore. And no, these will pointedly not include whether the US or the UK’s version of being seized by political...