We don’t often write purposefully on the topic of leadership, if for no other reason than it’s hard for most people to get past, “I know it when I see it,” but more substantively because we think it perfuses so much of our writing and...
There is only one valid definition of a business purpose: to create a customer. –Peter Drucker, The Practice of Management (New York,: Harper, 1st ed. 1954); Routledge, 2012, at p. 37 Urban legend has it that a Harvard Business School professor (who is never...
Recent conversation with a veteran friend in the industry. He had correctly deduced from a recent column in these pages that I’m (re-)reading the all-time strategy classic Playing to Win by A.G. Lafley and Roger Martin (Harvard Business Review Press: 2013) and...
Take it away, readers! The most effective way to get lawyers to collaborate is: With direct incentives through compensation, e.g., multiple credits for importing/exporting business across offices and/or practices. (34%, 44 Votes) Through training, professional...
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...
My favorite law in the whole world is the Law of Unintended Consequences. I suspect I’m so fond of it because it’s intrinsically perverse, it smotes the smartest people (maybe especially the smartest people), it’s of universal applicability, and it shouldn’t be that...
