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About 3 Million Years Ago

by Bruce | June 28, 2012 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy

By what follows I may reveal a curiosity sufficiently wide-ranging as to border on the suspicious, but so be it. When I was in college I took all the introductory-level, and many intermediate-level, science courses I could get into.  Math through multivariate...

Are you a Hamiltonian or a Jeffersonian?

by Bruce | June 2, 2012 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Of the founding fathers, Alexander Hamilton has always been my favorite—and not because of the arcane fact that my uncle, Robert Ward McEwen (variant spelling), was the 14th President of that well-regarded upstate New York liberal arts college named for you-know-who....

One of the Seven Deadly Sins

by Bruce | May 25, 2012 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

The conventional wisdom has quickly coalesced around how all right-thinking folks ought to view Facebook’s IPO:  It was a disaster.  Some reasons for this view (NASDAQ’s  humiliating meltdown, three shareholder class actions are already pending against FB)...

Emerging Lessons

by Bruce | May 14, 2012 | Articles, Compensation, Cultural Considerations, Finance, Leadership, M&A, Partnership Structures, Strategy

  Beginning to emerge are lessons from the implosion of Dewey. I’ve believed, and written, for some time that the root causes of the failure, which is massive, spectacular, tragic, and utterly unnecessary, were self-inflicted:  Unintentional suicide by drug...

“Dewey’s Fall Underscores Law Firms’ New Reality”—from The New York Times

by Bruce | May 5, 2012 | Articles, Compensation, Cultural Considerations, Finance, Leadership, M&A, Partnership Structures, Strategy

OK, so we’re not quoted in the New York Times every day, and today we were, at not inconsiderable length, about Dewey. Here’s the The New York Times piece published on the front page of today’s Business section, by James Stewart. The photo is of...

Dewey: 1909—2012

by Bruce | May 1, 2012 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

The unfolding Dewey story has surprised people only with its apparently inexhaustible capacity to continue surprising us, and with its reliable pattern of consistently surpassing our own worst fears about how many things can go wrong at one and the same law firm. With...
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