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...
by Bruce | May 5, 2009 | Articles, Compensation, Finance, Marketing, Practice Group Management, Strategy
From the famous annual meeting of Berkshire Hathaway, “Woodstock for capitalists,” comes news a couple of days ago from the WSJ that Warren Buffett, long an investor in newspapers, sees “unending losses” for the industry. He then makes even...
by Bruce | March 17, 2009 | Articles, Compensation, Finance, Partnership Structures, Practice Group Management, Strategy
The news out of Dewey & LeBoeuf–that 66 partners, or about one in five of their 350 partners, have seen their compensation cut over the past 15 months by up to 80%–begs for an explanation, or at least some commmentary. First, what’s going on in...
by Bruce | March 13, 2009 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Well, that’ll teach me… The volume of commentary following my publication earlier this week of “The Great De-Leveraging” has been unprecedented. Depending on your attitude, that is either deeply gratifying or almost overwhelming. As one who...
by Bruce | February 20, 2009 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management
When non-lawyers ask what’s happening in the world of law these days (i.e., what ATL is covering), our first response is usually one word: layoffs. It’s been a dominant theme in our coverage since the fall. —Above The Law (today) While I might...
