by Bruce | April 12, 2006 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Our last poll, asking "Are Associate Salaries Justified," drew just over 300 votes, and here are the results: Since it’s almost illegible at this resolution, here’s a recap of the breakdown: 36%, the plurality by far, representing the...
by Bruce | April 12, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
From a New York-based Latham & Watkins partner whom I consider a friend comes word for those of you who may have missed it that Clint Stevenson, the firm’s Managing Partner from 1967 through 1989, died on March 31, 2006 in Los Angeles, California at the age...
by Bruce | April 10, 2006 | Articles, Finance, Globalization, Knowledge Management, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
"Lawyers and innovation are not words that people automatically put together," is how the FT starts its announcement of the launch of a ranking of the most innovative law firms, and individual lawyers, co-sponsored by the accountancy BDO Stoy Hayward and...
by Bruce | April 9, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures
Stephen Bainbridge jokes to his wife that his latest column at the highly idiosyncratic site, "Tech Central Station" "guarantees that I will never be President of Harvard." The column, titled "Legal Sex Tournaments," applies the familiar...
by Bruce | April 1, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Partnership Structures, Strategy
By now a fair amount of blawgosphere ink has already been spilled on Cameron Stracher’s Op-Ed in today’s WSJ, “Cut My Salary, Please!” arguing, essentially, that the recent round of associate pay hikes (from $125,000 to $145,000 for...
by Bruce | March 31, 2006 | Articles, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, Partnership Structures, Strategy, Technology strategy
Legal Week sounds the alarm about the coming of the "procurement professionals" to the selection and hiring of outside counsel, and predicts, based upon their impact in other sectors: at least a 15% reduction in fees; greater objectivity in the selection...
