by Bruce | March 30, 2012 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
A Wharton School professor has analyzed the performance, and pay levels, of external hires vs. internal staff promotions. He used personnel data from a division of a major US investment bank for 2003—2009, and the characteristics of that talent market are remarkably...
by Bruce | January 14, 2012 | Articles, Compensation, Cultural Considerations, Leadership, Practice Group Management
This is not a piece about “unknown unknowns.” No, it’s a piece about something that most of us in any position of authority secretly fear we’re doing. Actually, there are two groups of senior people who probably do n’t secretly fear...
by Bruce | December 5, 2011 | Articles, Finance, Innovative Managing Partners, Practice Group Management, Strategy
I doubt many of you, gentle readers, follow David Carr, who writes the Media Equation column for the Monday Business section of The New York Times, but I commend him to you as an enlightened, thoughtful, and experienced observer at the intersection of media,...
by Bruce | October 17, 2011 | Articles, Finance, Globalization, Marketing, Partnership Structures, Practice Group Management, Strategy
Adam Smith, Esq. and David Freeman Consulting Group are teaming up to conduct a unique survey of the legal profession’s business practices that you might find extremely valuable. If you’re reading Adam Smith, Esq., we don’t need to tell you that law...
by Bruce | September 9, 2011 | Articles, Finance, Practice Group Management, Strategy
It’s quite the fashion to want to learn from what Google does, but because so much of what it does is thoroughly sui generis, true opportunities to adopt some of their management wisdom are fewer and farther between than many breathless business correspondents...
by Bruce | August 23, 2011 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management
Steven Harper, a former Kirkland partner of 30 years who now writes at The Belly of the Beast and is re-published regularly on law.com, is someone whose writing and analysis I have admired since he first appeared on the scene. (No, I don’t know him, but I wish I...
