by Bruce | June 5, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, M&A, Strategy
Apropos the results of the readership survey, which found a high number of respondents worried about the seemingly relentless consolidation of the legal industry—apparently from both those participating in the consolidation and those wanting to be left...
by Bruce | June 4, 2005 | Articles, Finance, Globalization, M&A, Strategy
"Inimitable" is grossly over-used, but I’m at a loss for words after reading Aric Press’s latest column introducing the current issue of The American Lawyer and recognizing again what an iconoclastic thinker he is. (Disclosure: Aric,...
by Bruce | June 2, 2005 | About the Site, Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Technology strategy
The long-awaited results (speaking for myself, at least) of the famous first-ever "Adam Smith, Esq." Reader Survey are now in, and I hasten to share them with you, dear reader, as audience participation was extremely strong, and gratifying. My...
by Bruce | May 31, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
"More Lawyers Flee Megafirms" is the intriguing headline from The National Law Journal, which sounds like an invitation to an article exploring the commonly-received-wisdom that the AmLaw 200 are consolidating–and debunking it. Guess again. The...
by Bruce | May 19, 2005 | Articles, Cultural Considerations, Finance, Globalization, M&A, Strategy
Across the pond, we’re about to see an actual experiment that heretofore could only have been a thought experiment: Thanks to the "Clementi Commission," non-lawyer third parties will now be able to invest in law firms—most dramatically, law...
by Bruce | May 17, 2005 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
"Savvy Blawger" Query #3 is now out for the assembled to mull over with, of course, their cogent responses reported back to you a few weeks hence. The question for this go-round is: “What will the industry structure of the (US-based) legal...