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Global Management: Central or Local?

by Bruce | April 4, 2008 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management

"Multilocal?" That’s the new McKinsey coinage intended to lend new intellectual luster and heft to the perennial management-theoretical challenge of how to manage multinational firms. No matter how familiar the business issues, now is probably an...

“Legal Transformation Study” Released by Altman Weil

by Bruce | March 25, 2008 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy, Technology strategy

Today Altman Weil announced its release of The Legal Transformation Study:   Your 2020 Vision of the Future, published by Decision Strategies International: “The comprehensive industry assessment identified 11 key global trends and uncertainties shaping the...

“Measuring Law Firm Success:” The Law Society Picks Up the Baton

by Bruce | March 25, 2008 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy

The attentive among you may recall that I was in London last November where, among other things, I was pleased and flattered to have been asked by Guy Beringer of Allen & Overy to participate in a panel hosted at A&O’s Bishopsgate headquarters on...

Hard Economics & Associate Lockstep

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

No question is posed to me more frequently these days than, "What does this economic environment mean for law firms?" To which the only sensible answer is, "It’s way too soon to predict anything for sure, but each firm’s own situation is...

Process or Passion?

by Bruce | March 8, 2008 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management

A major article appears in this month’s American Lawyer, penned by Ben Heineman, most famously ex-GC of GE, and David Wilkins, Harvard Law professor. Both are now deeply involved in HLS’s Program on the Legal Profession, whose stated mission is "to...

Prospects for 2008: Another Precinct Heard From

by Bruce | February 25, 2008 | Articles, Finance, Practice Group Management, Strategy

So once it’s in The Wall Street Journal it must be a real phenomenon, right? I’m referring to today’s "Why BigLaw Is Bracing for a Leaner 2008," along with its companion piece on the WSJ Law Blog. A sampling of the evidence adduced behind...
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