by Bruce | June 16, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures
Cue the applause, please: Albeit somewhat cryptic, this strongly suggests Clifford Chance is making a concerted effort to return to something much closer to its traditional lockstep partner compensation model. Called "actively managed"...
by Bruce | June 13, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
The first post-Clementi shoe is about to drop in the UK, and it’s a fascinating one indeed. [For those of you who haven’t been paying attention, the "Clementi Commission" proposed fundamental reforms of the way UK law firms are governed,...
by Bruce | June 2, 2005 | About the Site, Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Technology strategy
The long-awaited results (speaking for myself, at least) of the famous first-ever "Adam Smith, Esq." Reader Survey are now in, and I hasten to share them with you, dear reader, as audience participation was extremely strong, and gratifying. My...
by Bruce | May 23, 2005 | Articles, Cultural Considerations, Globalization, Knowledge Management, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Professor Carley, as well as a frequent correspondent who I will identify only as the director of KM at an AmLaw 100 firm, have come through. First, Professor Carley provided a working paper on the Enron email database, and told me that under the auspices of her...
by Bruce | May 17, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Are lawyers suffering "arrested development," as the cheeky title of a dead-serious article has it at Legal Week? Professional development is one of the pantheon of gods whose worship is most often honored in the breach, or else by procrustean...
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...
