by Bruce | September 30, 2013 | Articles, Compensation, Leadership, Recruiting
Now that I have published a column (“Our Arms Race”) which took a stand against lateral partner hiring almost across the board, let me acknowledge the obvious and state for the record that no matter what anyone says or the track record shows, lateral...
by Bruce | September 23, 2013 | Articles, Innovative Managing Partners, Leadership, Recruiting
One of the more unusual reactions I’ve gotten to “Growth Is Dead” came from Kate Fritz, Managing Partner of Fenwick & West, who I had the chance to talk to recently. Several people have taken the book’s title a bit too literally, but Kate...
by Bruce | September 19, 2013 | Articles, Compensation, Leadership, Recruiting, Strategy
Within the past 48 hours: Managing Partner #1 (an AmLaw 50 firm) said to me, “I just don’t understand this lateral hiring frenzy. I just don’t get it. Do you?” Managing Partner #2 (an AmLaw 50, and one whose strategy has been so widely...
by Bruce | September 9, 2013 | Articles, Cultural Considerations, Leadership, Strategy
Across my desk the other week came Magnetic Museums: The Art and Science of Engagement, published by the American Alliance of Museums. Having no clue why the volume was on my desk, but in deference to a longstanding friend whence it came, I opened it up and saw that...
by Bruce | August 30, 2013 | Articles, Business Models, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting
Sometimes large changes break across the landscape like summer afternoon thunderstorms, seemingly coming from nowhere and definitely getting everyone’s attention: And sometimes they steadily and stealthily accumulate over time, perhaps without anyone ever...
by Bruce | August 26, 2013 | Articles, Finance, Leadership, Strategy
The three heavy hitters in the BigLaw metrics performance reporting world who draw their data directly from law firm general ledgers either as bankers (Citi and Wells Fargo) or as financial reporting applications (PeerMonitor) have just all come out with their latest...