by Bruce | October 9, 2009 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Strategy
Hogan & Hartson/Lovells? As amply reported (Legal Week, The National Law Journal, The Lawyer), the firms are in merger talks and, since no one is remotely denying the reports, we can only assume it’s all quite for real. We’ll get to what we think it...
by Bruce | December 22, 2008 | Articles, Finance, Globalization, M&A, Practice Group Management, Strategy
A Merry Christmas, Happy Holidays story of the first order: As noted this morning by The New York Times, Above The Law, and The WSJ Law Blog, Sonnenschein is acquiring about 100 lawyers, including 40 partners, from 160-year-old Thacher Proffitt &...
by Bruce | September 19, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Nothing less than a generational transformation of investment banking and the financial services industry at large. Its implications for, among other things, the economies of New York City and London, the structure of global capital markets, and our own dearly...
by Bruce | September 6, 2008 | Articles, Finance, Globalization, Leadership, M&A, Strategy
Best of times or worst of times to make some acquisitions? This is one area where the head/heart divergence may be more radical than usual—and where it could really cost you. Here’s how McKinsey poses the dilemma: "As the credit crunch threatens to...
by Bruce | August 22, 2008 | Articles, Compensation, Finance, Globalization, Leadership, M&A, Strategy
We have our first comprehensive report on how 2008 is shaping up financially, courtesy of The American Lawyer, and Dan DiPietro of Citi’s Private Bank, and it paints a picture of what are soon going to be, if they aren’t already, vastly diminished...
by Bruce | July 22, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Practice Group Management, Profiles of Individuals, Strategy
I recently had the chance to sit down with Jay Zimmerman, Chairman of Bingham, to discuss the changes he’s seen over his career, and to talk about the future of the legal industry and Bingham. Herewith a synopsis. Jay (Harvard, Harvard Law) started his career in...