by Bruce | August 24, 2009 | Articles, Cultural Considerations, Finance, Law Schools, Practice Group Management, Strategy
When on the same day both the WSJ and Corporate Counsel publish feature articles heralding that the time has come for alternatives to the billable hour, it’s time to step back and ask if they might actually be right this time around. (It doesn’t hurt...
by Bruce | August 13, 2009 | Articles, Compensation, Cultural Considerations, Practice Group Management
Among the phrases, and phenomena, that now seem so hopelessly “last August” is that of the fabled Work-Life Balance. (“So last August” has been a phrase around town for several months now, referring especially to examples of wretched...
by Bruce | July 28, 2009 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Back in March at the American Enterprise Institute annual dinner, Charles Murray gave a talk entitled “The Happiness of the People.” The managing partner of a large AmLaw firm recently brought it to my attention. The AEI’s...
by Bruce | July 18, 2009 | Articles, Leadership, Practice Group Management, Strategy
Geoff Colvin is a “Senior Editor at Large” at Fortune and a fairly prolific author. I greatly enjoyed his 2008 Talent Is Overrated, which combined the distilled results of hundreds of research studies with lively profiles of such superstars as Tiger...
by Bruce | June 17, 2009 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy
Indicia: Is This Bull Cyclical or Secular in the WSJ, which contains the following observations as well as the following chart: Many investors are now calling the rebound in stocks since early March the start of a new bull market. But it could be only a temporary...
by Bruce | June 3, 2009 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
The more I reflect on the news of GM’s bankruptcy, the more shocking I find it. My reaction is surprisingly akin to that when I learned of Eliot Spitzer’s or Bernie Madoff’s flameouts: How on earth could this happen? What were they...