by Bruce | May 29, 2018 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, Partnership Structures, Strategy
Our custom after trips of some substance is to report back to readers in the form of a “Letter From ____,” and since I spent all of last week in my Second Favorite City in the World, here you have it. Logistics and context I had 21 meetings in four days with a mix of...
by Bruce | May 7, 2018 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
Last week Jim Stewart of The New York Times published $11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms which was pegged to the news that Sandra Goldstein had left Cravath for Kirkland, and a reported compensation package of $11-million/year...
by Bruce | April 27, 2018 | Articles, Business Models, Compensation, Finance, Leadership, Partnership Structures, Recruiting, Strategy
The compulsively readable James Stewart of The New York Times, who authors the weekly “Common Sense” column, which ranges widely across the business landscape, just published “$11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier...
by Bruce | March 6, 2018 | Articles, Finance, Partnership Structures, Practice Group Management, Recruiting
Our good friends at Leopard Solutions have just come out with their annual recap of the law firm competitive landscape. If you don’t know Leopard, they have one of the most rigorously researched and scrupulously maintained databases there is to be had on a rich...
by Bruce | December 29, 2017 | Articles, Branding, Business Models, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
I’m coming to the conclusion that BigLaw is not one business, but two different businesses. Some firms (a minority) are in one business, but most firms are in another business entirely. Note what I am not saying: I’m not saying some firms have one business model and...
by Bruce | December 16, 2017 | Articles, Cultural Considerations, Finance, Globalization, Partnership Structures, Strategy
Observant readers will have noted that I was in London all last week and so, as is our custom, a few observations about my time and conversations there and the state of the market. This has taken me awhile to compose because, frankly, I came away with a wide array of...
