by Bruce | April 14, 2009 | Articles, Finance, Globalization, Leadership
Every once in awhile, a genuinely novel idea comes up in economics, and you would think that given the generally impenetrable, contradictory, and confused commentary emanating from far and wide about our current situation, now might be a propitious time for a truly...
by Bruce | April 2, 2009 | Articles, Leadership, Strategy
Just as McKinsey’s consulting practice centers on corporate America, certainly its core clientele and expertise, as opposed to law firms, where they have no domain expertise that anyone would notice, the McKinsey Quarterly surveys do not encompass law firm...
by Bruce | March 8, 2009 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Just as I was thinking it was about time to publish a column on the topic of "leverage" at law firms (roughly speaking, the associate to partner ratio, although there’s more than one way to calculate something that people will call...
by Bruce | February 27, 2009 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
The Latham news is of course all over the place: The WSJ Law Blog, Above The Law, The AmLaw Daily, LegalWeek, and etc. The figures are, frankly, grim: 190 associates laid off, or about 12%; 250 paralegals and staff, or about 10%; but As of this writing, no...
by Bruce | February 23, 2009 | Articles, Cultural Considerations, Finance, Leadership, Strategy
America has been through many crises and challenges before, far worse than what we’re experiencing today. Need I mention (keeping it to economics and not including wars), the hardships and deprivations brought on by the Civil War, the long depression of...
by Bruce | February 20, 2009 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management
When non-lawyers ask what’s happening in the world of law these days (i.e., what ATL is covering), our first response is usually one word: layoffs. It’s been a dominant theme in our coverage since the fall. —Above The Law (today) While I might...