by Bruce | November 16, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, M&A, Partnership Structures, Strategy
A recent post that received a fair amount of attention (or notoriety, as you prefer) was that recapping a presentation by Prof. William Henderson of Indiana University School of Law/Bloomington about the relative profitability of firms that converted to two-tier...
by Bruce | November 15, 2005 | About the Site, Articles, Globalization, M&A, Strategy
Bloomberg Radio interviewed me live early yesterday afternoon in connection with the release of the 2005 National Law Journal 250 rankings—and specifically about the reasons behind the 4.4% jump in headcount (the largest year over year increase since 2001). The...
by Bruce | November 12, 2005 | Finance, Globalization, Leadership, M&A, Strategy
I’ve written previously of my firm conviction that it’s people who make the times and not the times who make the people, and we’ve seen it in action again vis-a-vis the demise of Coudert. The two firms who pounced on the situation the fastest...
by Bruce | November 4, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
The AmLaw Global 100 is now out, and here they are. Quick initial impressions, with more considered analysis to follow: Next year it will definitely take $1-billion to make the top ten. For comparison, two publicly traded companies that have almost exactly...
by Bruce | November 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
It comes as news to no one that mergers have recently been changing the legal landscape. Tony Williams and I share the view that we are witnessing the transformation of the industry’s fundamental structure, into a form that may endure for decades going...
by Bruce | October 6, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
Mergers are here to stay. If you believe that (I do), then it’s worth a moment to explore how to do them right, and what can be learned from this who have gone before—most famously, perhaps, the 2000 tie-up of Clifford-Chance and Rogers & Wells. ...