by Bruce | March 2, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
I’ve written before with some passion about the need for law firms to think and to act strategically. The "act" part should follow as the day the night, but of course it’s not that simple. Why does this matter? Why is it, in...
by Bruce | February 24, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
It’s a rare privilege to see a candid discussion of a major firm’s strategy in the press, so I urge you to run to this piece in The New York Law Journal, essentially an interview with Rohan Weerasinghe, Shearman & Sterling’s new chairman, about...
by Bruce | February 15, 2006 | About the Site, Articles, Compensation, Finance, Partnership Structures
We pause for a time-out to consider a metaphysical question: Is blogging journalism, and whether or not it is, to what standards of accuracy and precision should it be held? Actually, I have no intention of trying to answer these questions as posed. What I...
by Bruce | February 13, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy, Technology strategy
When you see—or when I see, at any rate—sustained outperformance by a firm over a five-year span, I cannot help but ask myself: "How did they do that?" What follows has a dusting of speculation at the end, but I think it’s a path worth...
by Bruce | February 10, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Partnership Structures
Professor Bainbridge compares an article from The Economist showing a steady increase in Americans’ leisure time over the past 40 years with a story from the Chicago Daily Law Bulletin reporting on how over-worked lawyers are: "The survey showed that how...
by Bruce | January 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
David Maister confesses: "I have spent twenty years trying to say all professions look similar and can learn from each other, but I’m finally prepared to concede that lawyers are different – and it has nothing to do with economics." In a piece...
