by Bruce | January 23, 2010 | Articles, Practice Group Management, Strategy
Turbulent.. Challenging. Unprecedented. Once-in-a-career event. Paralyzing. Opportunity. However you want to characterize the period we’ve experienced and are still working our way through and out of–and shall be, I predict, for a few more...
by Bruce | January 21, 2010 | About the Site, Articles, Finance, Globalization, Practice Group Management, Strategy
Speaking of interesting conferences in New York, on Monday, February 1st, from 1:00–5:00 pm, LexisNexis is hosting a “Business of Law” Symposium at the New York Hilton, Sixth Avenue @ 53rd Street, home of the annual LegalTech confab, which this flies...
by Bruce | November 17, 2009 | Articles, Compensation, Cultural Considerations, Innovative Managing Partners, Leadership, Practice Group Management, Strategy
What’s going on at Reed Smith? Less than a week ago, they announced a roughly 20% cut in first-year associate salaries and hourly billing rates for the 50-odd lawyers joining the firm in January 2010. Here’s what they had to say about it (emphasis...
by Bruce | November 14, 2009 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
One of the more thoughtful and, frankly, creative responses to my two recent columns on lateral partners asked a simple question: What should a firm recruiting a potential lateral be obligated to tell the putative future partner? This is the kind of question that gets...
by Bruce | November 7, 2009 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Perhaps I don’t write as much as I should about lateral partners. I mean the economic phenomenon of lateral partner hiring, not gossip that much of the legal press seems to specialize in about specific “gotcha” movements of partners or small groups...
by Bruce | September 8, 2009 | Articles, Cultural Considerations, Leadership, Practice Group Management
How could the SEC have missed all the warning signs about Madoff? Understand that I don’t have a dog in this hunt. Although I’m a securities lawyer by training, I never worked at the SEC and, so far as I know, I’m not close to anyone who lost serious...
