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Law.com Launches “Career Center” With a Familiar Face

by Bruce | January 4, 2006 | About the Site, Articles, Compensation, Cultural Considerations, Marketing, Partnership Structures, Strategy

In case you haven’t seen the home-page of Law.com today, they are launching their "Career Center": And this is the article that I’m up there, as it were, alluding to.

Build on Your Strengths Or Tackle Your Weaknesses?

by Bruce | January 3, 2006 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy

Improve on your weaknesses or build on your strengths:  Which one would you focus on to achieve greater success? If, like 59% of people surveyed by Marcus Buckingham, co-author of First, Break All the Rules, you chose "work on your weaknesses,"...

“Of Counsel”? “Non-Equity Partner?” Column C?

by Bruce | December 23, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

I have posited before that the traditional one-size-fits-all associate-to-partner model is coming under increasing stress.  Evidently Allen & Overy agrees. After suffering 25% attrition in its associate ranks last year, they have announced after a lengthy...

Timing Your Leave: Succession Planning from the Leader’s Perspective

by Bruce | December 20, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Normally, the issue in succession planning—when a firm even goes through such planning in a sober and serious-minded fashion—is who among the next generation is best prepared and equipped, through both experience and innate constitution, to take over the...

Leverage: Friend or Foe? (Or Noncombatant?)

by Bruce | December 13, 2005 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy

According to The Recorder, "Law firm leaders throughout California identify increasing leverage as a key strategy in their business model." We are here to ask the time-honored question, "What can they be thinking?" Let’s back up.  ...

Lockstep vs. Eat What You Kill: The Perennial Disequilibrium

by Bruce | December 8, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy

Of all the "evergreen" topics we keep coming back to here at "Adam Smith, Esq." one of the ever-greenest (no pun…) is the eternal disequilibrium between lockstep and eat-what-you-kill partner compensation models.   Most recently, I...
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