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What’s So Bad About Being in the AmLaw 100?

by Bruce | May 17, 2006 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy

A loyal reader who has also become a friend writes that he has just re-read The American Lawyer’s lead story on the AmLaw 100 for 2006 and he has some questions (emphasis supplied): "Maybe I’m missing something, but the analysis seems flawed to me...

First-Year Associates Eligible for Partnership

by Bruce | May 11, 2006 | Articles, Compensation, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management

Across the pond, anti-age discrimination regulations are going to go into effect in October, and firms are already bracing for their impact.  This is what they require, in a nutshell: "The Regulations apply to employment and vocational training. They...

The AmLaw 100: Resources Consumed (Lawyers) vs. Revenue Generated

by Bruce | May 4, 2006 | Articles, Finance, Partnership Structures, Strategy

A great deal of interest has been expressed in seeing a chart I created earlier but unfortunately at low resolution to enable it to fit in a browser window.  The bar chart I’m referring to shows, for each and every firm, the extent to which its share of...

The 2006 AmLaw 100: Ranked by Revenue per Lawyer

by Bruce | April 29, 2006 | Articles, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy

Today we have the AmLaw 100 ranked by Revenue per Lawyer, one of my favorite metrics.  Why one of my favorites?  First of all, it provides insight into the extent to which a firm actually achieves the Holy Grail sought by all—to do a larger proportion...

Equity, Achievement, Camaraderie

by Bruce | April 21, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management

"An associate at a major, national firm" wrote recently with this lament: "Lately, I really have been plagued by how law firms are managed:  I see the inefficiencies and how employees are treated (both at my firm and at other firms), and I...

David Maister on “Unmanageable” Law Firms (That Would Be All of Them)

by Bruce | April 13, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy

The Irish Bishop George Berkeley (1561—1626) famously asked, " “If a tree falls in the forest and no one hears it, does it make a sound?”  As a metaphysical question having to do with fundamental questions of epistemology, it remains...
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