by Bruce | April 17, 2008 | Articles, Finance, Globalization, Leadership, M&A, Strategy
I’m at the Georgetown Law Conference on the "Future of the Global Law Firm" for the next couple of days. I’ll try to report in as close to real time as I can, but whether or not I achieve that objective, look here on "Adam Smith, Esq."...
by Bruce | April 8, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
The Times (UK) asks today, "Slaughter & May v Clifford Chance: Who is pursuing the best route?" The article puts head-to-head two concepts of what makes for a great and powerful law firm: World-leading profits per partner, on one hand, vs. a...
by Bruce | March 25, 2008 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Today Altman Weil announced its release of The Legal Transformation Study: Your 2020 Vision of the Future, published by Decision Strategies International: “The comprehensive industry assessment identified 11 key global trends and uncertainties shaping the...
by Bruce | March 15, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
Just back from an abbreviated week in London (essentially Tuesday through Thursday). Herewith a report. I met with the managing partners of a good half-dozen firms, fairly representative of the marketplace, and unsurprisingly the top question on most minds is...
by Bruce | February 27, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Strategy
Consider your reactions to these three hypothetical scenarios: In light of slack demand, BMW announces a combination of price cuts, rebates, and financing incentives that would save you 15%. More or less likely to visit a dealer? The Dow Jones Industrials are down 15%...
by Bruce | February 12, 2008 | Articles, Compensation, Cultural Considerations, Leadership, M&A, Practice Group Management, Strategy
By now it’s been amply reported that 55 of Anderson Kill’s 126 lawyers are leaving for Reed Smith, effective February 1. In classically hyper-ventilating fashion, the Brits (Legal Week) reported that Reed Smith "has swooped, …taking...