by Bruce | May 2, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
How is leadership related to management? According to the Harvard Business School’s Working Knowledge magazine, not at all. Let’s start with what makes a great manager: They grasp what is the essential strength of each person and...
by Bruce | April 23, 2005 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
You would think the lead of this Legal Times article, which follows, would be irresistible info for me to comment upon. But sometimes, no news is no news: "Law firms are back — sort of. "Revenues and profits were up by nearly 10 percent in 2004,...
by Bruce | April 19, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Run a multi-hundred-million dollar a year enterprise without appointing a general counsel? Sounds like the kind of thing you’d advise your clients against in, say, a heartbeat? News flash: 26 of the AmLaw 50 firms are doing just that. Well,...
by Bruce | April 14, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Reader response to "It May Be More Than a Pond" has been very gratifying, with some genuine insights into the perplexing, and growing, difference in profitability between US- and UK-based firms. Put together, we may be approaching a viable theory of...
by Bruce | April 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Practice Group Management, Strategy
Thanks to Susan Raridon Lambreth of Hildebrandt International, guru of Practice Group Management, I was able to serve as blogger-in-residence at this conference held here in New York over the last two days. I’m happy to be able to report that the attendees...
by Bruce | April 9, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Sometimes it’s not the worst thing to confess bafflement—OK, perhaps "bafflement," which implies total cluelessness, is too strong, but I will at least cop a plea to not being confident how to truly explain something. That something is, as...