by Bruce | March 3, 2006 | Articles, Compensation, Finance, Globalization, Leadership, M&A, Strategy
Yesterday’s half-hour "Coast to Coast" legal talk radio show is now up at the Legal Talk Network. I’m on it as a guest on the subject of "Big Firms–Big Business," along with Eric Sinrod of Duane Morris’ San Francisco...
by Bruce | March 2, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
In my last post, I referred somewhat obliquely to "long-term threats to the privileged positions" of firms, pointedly including large and prosperous firms (not just the struggling, the stragglers, and the stagnant). What exactly might those threats be?...
by Bruce | February 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Marketing, Strategy, Technology strategy
What will the structure of the global legal marketplace look like in, say, 2015? Before you exclaim either, "Who on earth knows?" or "What a silly thing to speculate about!," permit me to draw your attention to the duel, or at least face-off,...
by Bruce | February 13, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy, Technology strategy
When you see—or when I see, at any rate—sustained outperformance by a firm over a five-year span, I cannot help but ask myself: "How did they do that?" What follows has a dusting of speculation at the end, but I think it’s a path worth...
by Bruce | February 2, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Marketing, Strategy
Global Expansion Junkies: I have bad news. Far too many law firms seem to enjoy expanding for its own sake, in an intellectual vacuum devoid of strategic analysis or rigorous consideration of the implications of growth in both headcount and geographic...
by Bruce | January 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Questions for your managing partner, executive committee, and executive director: Is your firm as profitable as it could be? How does it measure up vis-a-vis its peer group? And what defines that "peer group," precisely? Do you...
