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Letter from London

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...

The Bottom Line Is, Well, The Bottom Line

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...

Five Management Styles: Lessons from Silicon Valley

by Bruce | April 7, 2016 | Articles, Cultural Considerations, Leadership, Partnership Structures, Recruiting, Strategy

On a cross-country flight this week, I read most of Smarter Faster Better, by Charles Duhigg, currently on the NYT’s top 10 hardcover/nonfiction list of best-selling books. It’s fair to characterize the reviews it’s gotten as “mixed,” and...

Lateral Partner Recruiting: Still Delusional?

by Bruce | March 18, 2016 | Articles, Compensation, Finance, Leadership, Partnership Structures, Recruiting, Strategy

When an especially provocative and ingenious piece is published analyzing a noteworthy aspect of the sea BigLaw swims in, one may feel an obligation to one’s readers to weigh in on the conversation. Particularly when the original piece was published under...

Understanding the Lateral Hiring Frenzy

by Bruce | March 11, 2016 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management

A few years back, as exceptionally studious and faithful readers might conceivably recall, I wrote two pieces on the lateral hiring frenzy, Our Arms’ Race and Our Arms’Race (2),  which took an almost across-the-board stand against lateral partner hiring....

The “Big Three” Annual Reports on Law Land

by Bruce | January 11, 2016 | Articles, Client Relationships, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

With the release last week of the Annual Report from Georgetown Law’s Center for the Study of the Legal Profession, the “Big Three” annual reports—Altman-Weil’s Law Firms in Transition, Citi/Hildebrandt’s Client Advisory, and...
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