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...
by Bruce | May 11, 2005 | Articles, Finance, Globalization, Leadership, M&A, Strategy
Sometimes, in the famous phrase, "a cigar is just a cigar," but other times I think you can read the tea leaves to suss out evidence of larger trends. Such, in any event, was my reaction to this seemingly low-visibility story that a three-member "tax...
by Bruce | March 29, 2005 | Articles, Cultural Considerations, Globalization, Leadership, M&A, Strategy, Technology strategy
It’s not your imagination: Mega-mergers in corporate-land are on the upswing. According to The Wall Street Journal, the last five months have seen more than a dozen deals valued at more than $10-billion. And the result is that "investors...
by Bruce | March 23, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
"From pace-setter to basket case in the United States?" Shall we all guess what firm got stuck with that donkey-tail over at law.com? Alas, of course, it was Clifford-Chance. The questions du jour are (1) what went wrong? (not so we can...
by Bruce | March 16, 2005 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Despite the stupefying fact that The Wall Street Journal reported late last year that 45% of Americans believe "literally" in the Biblical story of Creation, whereas only 31% subscribe to the theory of evolution (have you thanked a teacher today?), Darwinian...