by Bruce | June 29, 2017 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy
Coming to the fore more prominently these days across a large portion of firms we work with and the industry overall is the issue of succession planning. It comes up in one or both of two contexts, (a) transitioning key client relationships from incumbent partners to...
by Bruce | March 28, 2017 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
One of the things we do a lot of here—and seemingly more of in the past 24 months or so—is helping firms sort out, reform, amend, optimize, throw-away-and-start-fresh, their partnership compensation systems. And in every engagement of that sort, we try to keep two...
by Bruce | March 17, 2017 | Articles, Business Models, Compensation, Finance, Partnership Structures
This is a guest column by a very good friend of Adam Smith, Esq., Richard Rapp, who was President and CEO of NERA Economic Consulting for 18 years (1988-2005), during which time the firm grew to global scale. Richard now co-heads Veltro Advisors, a law firm...
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 | May 5, 2016 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy
Alex Novarese, editor-in-chief of the UK-based publication Legal Business, some time ago granted us permission to republish a few of his articles as we see fit. The following is one where we most definitely see fit. Those in the audience who are writers know the...