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Leader or Laggard? (There’s No Such Thing as “Average”)

by Bruce | December 15, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy

In a piece in this month’s American Lawyer titled "Turning Point," Dan DiPietro, the head of the Citigroup Private Bank’s Law Firm group, provides quantitative financial support for a theory I’ve long held, that our industry is not just...

Your Post-Merger Checklist

by Bruce | November 22, 2006 | Articles, Cultural Considerations, Finance, Globalization, M&A, Partnership Structures, Practice Group Management, Strategy, Technology strategy

Mergers, globalization, consolidation: I’ve heard all about it. Time to tell me something new. Is that your feeling? Then let’s talk about post-merger leadership, and what you could actually do to make a difference if the seemingly-inevitable comes to...

Canada’s “Law Times” Interviews “Adam Smith, Esq.”

by Bruce | November 15, 2006 | Articles, Globalization, Leadership, M&A, Strategy

Canada-based Law Times is out with an interview of yours truly in its current issue. When the reporter and I met, some weeks ago here in Manhattan, I thought that through my persistent questions I had learned more about the Canadian legal marketplace than he had...

The State of US Firms in London

by Bruce | September 25, 2006 | Articles, Cultural Considerations, Finance, Globalization, M&A, Strategy

In the current issue of Legal Week, you can find both a breathless and statistics-distorting lead editorial, which I commend immediately to your e-dustbin (71% is "almost three-quarters," while 61% is "well under two-thirds"—how about the...

Orrick, Meet Dewey: Dewey, Meet Orrick. Shall We Dance?

by Bruce | September 12, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy

It’s not our wont to try to "cover" late-breaking news—that’s not an arena where I care to compete, nor is it why I think you come to "Adam Smith, Esq."—but just as every rule has exceptions, so today’s word of merger...

“Superstar Economics” & The Market for Laterals

by Bruce | August 28, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy

Using as a "hook" the dismissal of Tom Cruise from Paramount Pictures by Sumner Redstone, today’s NYT has a piece in the Business Section (also here for those of you not members of the obnoxious "Times Select"), "A Big Star May Not a...
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