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“The Law Breeds Immature Business People”

by Bruce | August 9, 2004 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures

At least according to the Financial Times, in an article about the difficulty of crossing the chasm from senior associate to rain-making partner.  In part the difficulty is a familiar one and one we’ve rehearsed before:  Lawyers are simply not trained...

A Sexy Lateral on the Prowl?

by Bruce | August 1, 2004 | Articles, Cultural Considerations, Leadership, Partnership Structures

Heard rumors that a practice group or a specific lateral partner at a competitor is sniffing the wind with thoughts of moving?  Does it sound like an opportunity to pick up some expertise or strengthen a franchise? According to Gerald Roche, the uber-recruiter...

What if “None of the Above” Had Teeth?

by Bruce | July 27, 2004 | Articles, Cultural Considerations, Just Plain Interesting, Leadership, Partnership Structures

After all the Sturm und Drang surrounding implementation of Sarbanes-Oxley, how "reformed" are corporate boards?  According to Ira Millstein, not very. How could this be?  Chalk up another one to human nature:  "My impression is that...

Adopting the Corporate Managerial Model

by Bruce | June 22, 2004 | Articles, Partnership Structures

What are the odds this will be a trend?  Manatt-Phelps (#131 on the AmLaw 200) just changed from a traditional law firm governance model to a corporate-type model, complete with a Board of Directors and a Chief Operating Officer.  The directors serve...

Should You Be Holding a Monthly Press Conference?

by Bruce | May 28, 2004 | Articles, Cultural Considerations, Leadership, Partnership Structures

A recurrent theme in the managerial literature surrounds the pitfalls and difficulties encountered when a line manager moves up to a "CXO" level position and must simultaneously shed the comfortable involvement with the day-to-day "transactional"...

Rorschach Test on the Mommy Track

by Bruce | May 6, 2004 | Articles, Compensation, Cultural Considerations, Partnership Structures

The Wall Street Journal front-paged a story today about the barriers women face in attempting to return to the workforce after having taken time off to be with their kids. Horror stories abound:  A woman who last was a prosecutor with the Manhattan DA’s...
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