by Bruce | August 30, 2016 | Articles, Compensation, Finance, Leadership, M&A, Partnership Structures, Strategy
As we enter strategy, planning, and retreat season in advance of 2017, a quick recap of some of the ways we help our clients that they consistently find most valuable. Strategy In today’s unforgiving marketplace, growing evidence points to the reality that firms...
by Bruce | May 7, 2016 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Back in New York from a solid week of meetings in London (17 in five days) and a few observations, reflections, musings, and speculations come to the fore. And no, these will pointedly not include whether the US or the UK’s version of being seized by political...
by Bruce | October 23, 2015 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, M&A, Strategy
This fall we had the opportunity to spend a fair amount of time in the Pacific Northwest—multiple trips to Seattle and Portland—and became better acquainted with the dynamics of that particular local/regional legal market. No mention of those two cities would be...
by Bruce | June 10, 2015 | Articles, Finance, Leadership, M&A, Strategy
The industry standard in tracking law firm mergers, Altman Weil’s Mergerline, has had this to say about activity in the wake of the Global Financial Reset (emphasis mine): 2011: “There were 60 law firm mergers and acquisitions announced in the United...
by Bruce | January 14, 2015 | Articles, Cultural Considerations, Leadership, M&A, Strategy
The widely experienced and catholically curious Lee Pacchia (formerly of Bloomberg Law, now at his own Mimesis Law) asked me to stop by his studio last week and talk about the role of culture in law firm combinations. I also touch on the issue of “deal...
by Bruce | December 30, 2014 | Articles, Cultural Considerations, Leadership, M&A, Strategy
To paraphrase the gone-but-not-forgotten E.F. Hutton campaign (I did work on Wall Street—I’m allowed these memories), when a Director Emeritus of McKinsey, who founded and led the firm’s global practice supporting mergers and acquisitions, speaks about...