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A Conversation with Jay Zimmerman

by Bruce | July 22, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Practice Group Management, Profiles of Individuals, Strategy

I recently had the chance to sit down with Jay Zimmerman, Chairman of Bingham, to discuss the changes he’s seen over his career, and to talk about the future of the legal industry and Bingham. Herewith a synopsis. Jay (Harvard, Harvard Law) started his career in...

Is Your Firm Innovative? As Innovative as Pixar?

by Bruce | July 18, 2008 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

Does it strike you (as it does me) that the noise level surrounding "innovation" in law firms is reaching crescendo proportions? Just in the last few months, I’ve written about Legal OnRamp, Allen & Overy’s mini-conference on innovation here...

The Dog That’s Not Barking

by Bruce | July 14, 2008 | Articles, Finance, Practice Group Management

I’ve been increasingly mystified, now bordering on troubled, by a new case of "the dog that didn’t bark."  Here’s my question:  Given that we’ve been slogging through this subprime/Alt-A/Bear Stearns/Freddie & Fannie...

Thoughts on Innovation from the Firm That Brings You the FT’s “Innovative Law Firms” Award

by Bruce | July 14, 2008 | Articles, Cultural Considerations, Finance, Practice Group Management, Strategy, Technology strategy

Here’s an addendum to the coverage I gave to Eversheds’ Report on The Law Firm of the 21st Century, as well as to the story I published last month on the conference held here in New York sponsored by Eversheds.  This email came in over the weekend...

How High Quality Are Your Lawyers? (How Can You Tell?)

by Bruce | July 3, 2008 | Articles, Finance, Innovative Managing Partners, Leadership, Practice Group Management, Strategy

This is a column about wringing our hands. Our first text, from the Old Testament conventional debate, stems from today’s WSJ story on "Axiom Legal," headlined Newcomer Law Firms Are Creating Niches with Blue-Chip Clients, discussing the business model...

Lessons From Johnson + Johnson

by Bruce | July 2, 2008 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management

Knowledge @ Wharton has an enlightening interview with William Weldon, CEO of Johnson + Johnson, on the challenges of leadership in a decentralized company.   You may think the scale of J&J (120,000 employees, $61-billion in revenue, operations in dozens...
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