by Bruce | December 16, 2011 | Articles, Finance, Globalization, Leadership, Strategy
The BBC evidently does an annual review of the economic year as part of “BBC Newsnight,” and they’ve posted the top economists graphs of 2011, “sharing insights into the year’s extraordinary financial developments, particularly in the...
by Bruce | December 13, 2011 | Articles, Globalization, Leadership, Strategy
Imagine an industry finding itself characterized as follows: “The good old days of the industry are gone forever.” “Even an improved global economic climate is unlikely to halt efforts to contain spending.” “These factors suggest that the...
by Bruce | December 6, 2011 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Recruiting, Strategy
And I respond here (transcript) and here (podcast).Among the highlights:[Me:[ One of the things that started to happen before the Great Recession was, for example, I saw this most clearly in the rise of starting salaries to a $160,000 in New York and major...
by Bruce | November 11, 2011 | Articles, Innovative Managing Partners, Leadership, Strategy
Last week I had the privilege of attending the unveiling of the Financial Times US Innovative Lawyers 2011 awards here in town. This is an award they’ve been doing in the UK for many years, and I was glad to see it imported across the pond; this was Year 2 of...
by Bruce | November 6, 2011 | Articles, Finance, Globalization, Leadership
We’re in a global economic mess of the first order, and nobody seems to know what to do about it. Reluctantly I have come to that conclusion after a spasm of reading about the Eurozone crisis, how the aftermath of financial recessions (as opposed to Econ 101...
by Bruce | October 29, 2011 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
This morning brought the release of Hildebrandt’s quarterly “Peer Monitor” index for 3Q2011, showing a drop of 6 points to 56 (anything below 65 is deemed a negative operating environment). In a nutshell, the problem was that demand...