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I’ll Drink to That. On Second Thought,…

by Bruce | January 16, 2005 | Articles, Cultural Considerations, Just Plain Interesting, Leadership, Partnership Structures, Strategy

Which profession is most likely to suffer from stress, depression, and alcohol or substance abuse?  That’s right—here’s lookin’ at you, kid.  According to the FT, alcohol-related deaths in the UK among lawyers are double the rate of...

But I Don’t Want to Change!

by Bruce | January 4, 2005 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

In a happy confluence, two articles which are far stronger together than is either alone were pointed out to me today by two loyal readers.  The first is The American Lawyer’s current "Management" column, about Customer Relationship Management...

How to Change Everything

by Bruce | December 22, 2004 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures

More from the redoubtable FT about what may transpire from marketplace forces released after (the widely expected) adoption of the Clementi Commission recommendations in the UK.  (If you don’t know what the Clementi Commission is, as one of my law...

You Thought Market Forces Were Formidable Now?

by Bruce | December 16, 2004 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy

Say "Clementi Commission" on this side of the Atlantic and draw blank stares; say it on the other side and it is safe to say you will launch an immediate fray. The Commission has proposed, and the government has pledged to support, legislation that will...

Half Lockstep?

by Bruce | December 1, 2004 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures

I’ve said it before, but it appears to be a source of chronic pain, so I will re-state my firm belief that, like pregnancy, you cannot be "half" lockstep and half not.  The logical universe of choices is: Pure Lockstep:  Fabulous if you can...

Your Managing Partner vs. Your Executive Director

by Bruce | November 19, 2004 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy

It has long seemed to me that the corporate-land debate over whether the CEO and the Chairman should be one person or two mirrors the law-land debate over the relationship between the Executive Director (or equivalent) and the Managing Partner.  On the premise...
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