by Bruce | May 23, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
As noted in the WSJ Law Blog, on law.com’s legal blog watch , and by my good friend Larry Ribstein, the Australian law firm Slater & Gordon, a personal injury specialist firm with 21 branches in the country and over 20,000 clients, became the first...
by Bruce | April 24, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Regular readers know that I’ve written periodically about the so-called "Clementi" reforms scheduled to take effect next year in the UK which would permit public ownership of, and investment in, law firms, as well as permitting diversified...
by Bruce | April 17, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Partnership Structures, Profiles of Individuals, Strategy
In 1999, Reed Smith’s 610 lawyers generated $168-million in revenue, from 14 offices in the Northeast and Mid-Atlantic states. At the start of 2007, its 1,500 lawyers are on track to do $900-million in revenue, from 21 offices across the US from California to...
by Bruce | April 8, 2007 | Articles, Cultural Considerations, Leadership, M&A, Practice Group Management, Strategy
We’ve all encountered the jerks and a**holes in our firms, preferably as a co-equal partner who at least has a prayer of fighting back, but more often the real damage is done to associates or staff whose motivation is sapped, whose degree of loyalty to the firm...
by Bruce | March 29, 2007 | Articles, Globalization, Innovative Managing Partners, Leadership, M&A, Partnership Structures, Profiles of Individuals, Strategy
"A freezing rain was falling one March afternoon in Tarrytown, New York, and I was thinking about frogs." Does that sound like the proper introduction for an AmLaw 30 Firm Chair to use for an article with the theme, as he says farther on, that "I expect...
by Bruce | March 15, 2007 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Earlier, I wrote about the 12th annual "Law Firm Leaders Forum" held in San Francisco last week, which I was able to attend as a guest of Orrick, Herrington & Sutcliffe, whose Chairman & CEO, Ralph Baxter, has been a sponsor of the event from the...