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How Many Hours Does Your Managing Partner Bill?

by Bruce | January 27, 2007 | Articles, Compensation, Leadership, Partnership Structures, Practice Group Management, Strategy

Lately there’s been heightened discussion of whether firms’ Managing Partners should be full-time CEO’s, or whether the traditional custom of their being active practitioners, billing gobs of hours on real live client matters and managing the firm...

Everything You Always Wanted to Know About Diversity

by Bruce | January 19, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy

A reader has asked my opinion on "diversity," and while there’s not much new or scintillating to say about its worthy objectives or general feel-good quotient, my approach will be to examine it through the lens of firm performance:   Do more...

The Merger of 2006 Undone in 2007

by Bruce | January 4, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy

I got the news on my BlackBerry early this afternoon, but it’s all over the place now (WSJ, American Lawyer, Bloomberg [where yours truly is quoted]):  The Dewey-Orrick merger is not to be. I’m sorry.  I felt from the beginning it held great...

Who? Me Innovate?!

by Bruce | January 3, 2007 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

Aric Press, always worth reading, writes in this month’s American Lawyer about potential challenges to the Rosy Scenario common wisdom of leaders of the AmLaw 200.   He reports:  "So is there anything to worry about for the future of the...

“Lawyers Appreciate…” Meme

by Bruce | December 31, 2006 | About the Site, Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy

Having been tagged separately and independently by J. Craig Williams and by Gerry Riskin to contribute to the meme launched by Stephanie West Allen and Julie Fleming Brown to participate in the "Lawyers Appreciate…" round-robin, I feel it incumbent...

Globalization, IT, and the Baby Bust

by Bruce | December 21, 2006 | Articles, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Partnership Structures, Strategy, Technology strategy

At the intersection of: technology globalization, and demographics we have, according to Robert Reich (Secretary of Labor under President Clinton and now Prof. of Public Policy at Berkeley), the challenge of "the economics of people" for the next few...
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