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The “Cull” & Your Clients

by Bruce | February 9, 2009 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy

So now the "cull" has come to partners in the Magic Circle. As The Financial Times reports: The cull of partners at Britain’s leading law firms worsened on Wednesday as Clifford Chance unveiled plans for job cuts across its 21-country global office...

Are Profits The New Growth?

by Bruce | February 3, 2009 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy

Find out my thoughts on the matter here.

The NYT’s Obit for the Billable Hour

by Bruce | January 31, 2009 | Articles, Compensation, Finance, Practice Group Management

When The New York Times features it on the front page, it must be real, right? I’m referring to Billable Hours Giving Ground at Law Firms, which features Evan Chesler flatly arguing that “This is the time to get rid of the billable hour."...

Thacher, Proffitt & Wood LLP: 1848 – 2008

by Bruce | December 22, 2008 | Articles, Finance, Globalization, M&A, Practice Group Management, Strategy

A Merry Christmas, Happy Holidays story of the first order: As noted this morning by The New York Times, Above The Law, and The WSJ Law Blog, Sonnenschein is acquiring about 100 lawyers, including 40 partners, from 160-year-old Thacher Proffitt &...

In Search of Execution (And, Happy Thanksgiving)

by Bruce | November 27, 2008 | Articles, Globalization, Innovative Managing Partners, Leadership, Practice Group Management, Strategy

Twenty-six years ago Tom Peters and Robert Waterman published In Search of Excellence, and to some extent the genre of writing for business managers hasn’t been the same since.  If for no other reason, it’s worth taking a moment to revisit...

Manic-Depressive? Take a Deep Breath

by Bruce | October 22, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Strategy

We are surely living in times of manic-depressive equity and fixed-income markets ("We’ve made the future safe for Western financial institutions!"  "No, we haven’t!). New York City itself can seem to be suffering from one gigantic case...
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