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A Modest Suggestion re Associate Layoffs

by Bruce | June 26, 2008 | Articles, Compensation, Finance, Practice Group Management

Three guesses what these numbers represent: Blank Rome 20 Cadwalader 35 Clifford Chance 6 Hunton & Williams ?* Paul Hastings ?* Powell Goldstein <10 Sonnenschein 37 Sutherland Asbill & Brennan 15* Thacher Proffitt 24 Thelen Reid 26 Total 174** *not verified...

The Great Divide

by Bruce | June 21, 2008 | Articles, Cultural Considerations, Finance, Practice Group Management, Strategy

Last week Eversheds sponsored a conference in New York, primarily targeted at senior inhouse counsel, to discuss the current and future state of relations between law firms and inhouse departments.  It was not pretty. About 90% of the attendees were the chief...

GC’s May Be Complaining, But Do They Really Want Change?

by Bruce | June 18, 2008 | Articles, Finance, Leadership, Practice Group Management, Strategy

Over at LegalOnRamp there’s an interesting discussion underway about the extent to which GC’s do—or don’t—seek genuine innovation in the way BigLaw provides services.  I’m taking the liberty of republishing it here (with...

A Conversation with Ray Bayley of NovusLaw

by Bruce | June 11, 2008 | Articles, Finance, Globalization, Practice Group Management, Strategy, Technology strategy

In the course of two hour-plus long interviews over the past couple of weeks with Ray Bayley, co-founder of NovusLaw, I learned that everything I thought I knew about outsourcing was wrong. Or rather, that I hadn’t thought about outsourcing, really, at all. Read...

Lessons From Toyota

by Bruce | May 25, 2008 | Articles, Cultural Considerations, Finance, Knowledge Management, Leadership, Practice Group Management, Strategy

Have you ever considered a completely different approach to strategic planning for your firm? An approach kind of like Toyota’s? Let me explain. There are traditional and classic strategic plans, which typically focus on practice group and geographic reach,...

Managing Talent Globally

by Bruce | May 16, 2008 | Articles, Cultural Considerations, Globalization, Leadership, Practice Group Management, Strategy

Do these descriptions fit your firm, or sound credible to you? "Managing talent in global organization is more complex and demanding than it is in a national business." "The movement of employees between countries is still surprisingly limited."...
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