by Bruce | February 9, 2011 | Articles, Compensation, Cultural Considerations, Partnership Structures, Strategy
I suppose that when it’s in The Wall Street Journal, it’s true. Well, it’s certainly true that attention must be paid. Which brings us to “Pay Gap Widens at Big Law Firms as Partners Chase Star Attorneys,” from the front page of...
by Bruce | January 27, 2011 | Articles, Business Models, Finance, Innovative Managing Partners, Partnership Structures, Strategy
A few days ago I had a chance to catch up with my friend Alex Hamilton, now at radiant.law. (I knew Alex in his previous position as a Latham partner and wrote about his efforts behind Latham’s online “Capture” tool for clients.) I...
by Bruce | January 21, 2011 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
“With all respect, I think that’s the wrong question. There’s always new stuff out there, and most of it’s not very good. Rather than looking for the next musing, it’s probably better to be thorough about what we know is true and make...
by Bruce | January 6, 2011 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management
This is a tale of how this is not your father’s recession. About a year ago I read Reinhart and Rogoff’s This Time is Different: Eight Centuries of Financial Folly, which ably–and depressingly–provides chapter and verse on how the aftermath of...
by Bruce | December 19, 2010 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
A few days ago LegalWeek wrote about whether the “global law model helps or hinders the top-level adviser:” In other words, whether the more commercially minded we all become as lawyers and as firms, the less room there is for the classic strategic...
by Bruce | December 8, 2010 | Articles, Compensation, Cultural Considerations, Leadership, M&A, Partnership Structures, Strategy
A few days ago LegalWeek had a short piece announcing that: Hogan Lovells is set to offer marquee lateral hires above-lockstep pay deals as part of ambitious plans to dramatically expand its City M&A practice. The strategy is intended to underpin the firm’s...
