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A Contrarian Bounce?

by Bruce | January 16, 2008 | Articles, Finance, Leadership, M&A, Practice Group Management, Strategy

I previously asserted that corporate America teaches that firms that treat recessions as opportunities rather than threats could steal a march on their more conservative brethren and emerge into the post-recession recovery as more powerful competitors. Today I’d...

Alternatives to PPP: The Word from London

by Bruce | December 27, 2007 | Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy

As many of you know, back in  November I was in London for a week.  Among other activities—many other activities—I was pleased to be invited to participate in a panel discussion hosted by Guy Beringer of Allen & Overy, who was on the panel,...

The Missed Exit Ramp

by Bruce | December 13, 2007 | Articles, Cultural Considerations, Finance, Leadership, Practice Group Management

Today, in a rare departure into citing what not to do, we have as Exhibit A a piece in the current issue of the ABA’s Law Practice Magazine, "Essential Attributes of Successful Managing Partners."  And what, pray tell, are those attributes of the...

Succession Planning Is Over-Rated

by Bruce | November 5, 2007 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

Today’s WSJ has a front page story "Perform-or-Die Culture Leaves Thin Talent Pool for Top Wall Street Jobs," which discusses the dearth of talent—or at least, talent deemed publicly acceptable—"for the biggest jobs in finance."...

But What Do Clients Really Think?

by Bruce | October 22, 2007 | Articles, Cultural Considerations, Finance, Marketing, Practice Group Management

This past Thursday morning at the offices of White & Case, I had the opportunity to participate in presenting the results of a survey of how professional service firms (primarily law  firms) set strategy.  Held under the auspices of the Managing...

You Can Be Comfortable Or You Can Be…

by Bruce | October 16, 2007 | Articles, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Practice Group Management

What do the stories "Qualcomm Meets a Stern Judge" and "Banking Giant Pioneers Adviser League Table" have in common? The first is about Southern District of California U.S. Magistrate Judge Barbara Major coming out swinging against lawyers involved...
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