by Bruce | April 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Profiles of Individuals, Strategy
If you’ve never run across Arnie Jacobs, a partner at Proskauer in New York, and a "dean of securities law," I hope the stars may align that you will. Early in my career as a lowly associate at Shea & Gould, I had the privilege of working...
by Bruce | March 29, 2007 | Articles, Globalization, Innovative Managing Partners, Leadership, M&A, Partnership Structures, Profiles of Individuals, Strategy
"A freezing rain was falling one March afternoon in Tarrytown, New York, and I was thinking about frogs." Does that sound like the proper introduction for an AmLaw 30 Firm Chair to use for an article with the theme, as he says farther on, that "I expect...
by Bruce | March 27, 2007 | Articles, Compensation, Finance, Partnership Structures
A couple of weeks ago, I asked you whether profits per partner were the proper measure of firm success, borrowing from and building on the thinking of Guy Beringer, a senior partner at Allen & Overy. In that piece I included a poll, and enough results are...
by Bruce | March 15, 2007 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Earlier, I wrote about the 12th annual "Law Firm Leaders Forum" held in San Francisco last week, which I was able to attend as a guest of Orrick, Herrington & Sutcliffe, whose Chairman & CEO, Ralph Baxter, has been a sponsor of the event from the...
by Bruce | March 12, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Guy Beringer, a senior partner at Allen & Overy and someone you should be acquainted with if you want to follow the leading thinkers about the future of our profession, has written a thoughtful and desperately overdue piece on "Profit per equity partner as a...
by Bruce | February 28, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
If your firm is in a comfort zone where doing things 5% or 10% or even 15% better next year will suffice, stop reading because I’m going to be talking about transformation. Transformations may be confused with "managing change," but I’d...