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...
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...
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...
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...
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"...
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...