by Bruce | January 27, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Questions for your managing partner, executive committee, and executive director: Is your firm as profitable as it could be? How does it measure up vis-a-vis its peer group? And what defines that "peer group," precisely? Do you...
by Bruce | January 18, 2006 | Adam Smith Himself, Articles, Compensation, Cultural Considerations, Finance, Just Plain Interesting, Leadership, Partnership Structures, Strategy
Seventeen years before The Wealth of Nations (1776), Adam Smith published his Theory of Moral Sentiments (1759), nowadays a relatively neglected work which, to my mind, is nearly as astute, deserves far greater current recognition, and which not-incidentally puts pad...
by Bruce | January 14, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
Regular readers will know that I’m a firm subscriber to the Law of Unintended Consequences, which is also why I try to exercise consistency in analyzing "dynamic" and not just "static" effects of a proposal. Clarification: The...
by Bruce | January 13, 2006 | Articles, Cultural Considerations, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy
Your firm is dedicated to client service as one of its pre-eminent goals, if not the absolutely highest priority, right? Not so fast. Do you have a lawyer serving full-time as "Client Services Advisor," serving as an ombudsman on behalf of the...
by Bruce | January 12, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
End of an era? Peter Cornell’s decision not to stand for re-election as global head of Clifford Chance certainly feels that way, although as we’ve argued before, his timing is impeccable. Now comes an interview with The Lawyer in which Cornell...
by Bruce | January 10, 2006 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Strategy
The New Jersey Law Journal, with permission, re-published a recent post about Allen & Overy’s new "managing associate" and "of counsel" tracks. Many thanks to Ron Fleury, their nifty editor.
