by Bruce | May 5, 2008 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
A loyal reader, partner in an AmLaw 25, writes, under the topic "Could we be developing a ‘bubble’ in law firm PPP:" Bruce: I’d be interested in getting your thoughts on the above question. If you define a market "bubble,"...
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 | April 4, 2008 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management
"Multilocal?" That’s the new McKinsey coinage intended to lend new intellectual luster and heft to the perennial management-theoretical challenge of how to manage multinational firms. No matter how familiar the business issues, now is probably an...
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 8, 2008 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management
A major article appears in this month’s American Lawyer, penned by Ben Heineman, most famously ex-GC of GE, and David Wilkins, Harvard Law professor. Both are now deeply involved in HLS’s Program on the Legal Profession, whose stated mission is "to...
by Bruce | February 8, 2008 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
"’The issue isn’t ‘integration,’ ‘ [Barton Winokur of Dechert] says. ‘I think that’s a garbage word people use." He’s talking about integration of laterals, a key issue on which The American Lawyer has just...