by Bruce | August 20, 2006 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
Today’s topic is funding partner contributions to the firm’s capital. Specifically, how does one fund those contributions? And since the question is empirical, we have a poll, to which I invite all familiar with their firm’s practice to...
by Bruce | August 17, 2006 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
With great pleasure I am able to announce the (e-)publication of the Inaugural Summer 2006 issue of "Innovaction" Magazine, published by the College of Law Practice Management. Available here, its theme is "celebrating innovation in the practice...
by Bruce | August 13, 2006 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Law Technology News has a panel—although it actually seems to be a list of isolated commentators, not an interactive group discussion—talking about "how the emergence of business intelligence financial analysis software is going to affect the legal...
by Bruce | August 11, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
My good friend and colleague Patrick McKenna just released a new e-book, "The First 100 Days: Transitioning a New Managing Partner," which is available for free download and reading here, using the nifty "Nxtbook" publishing platform. ...
by Bruce | August 3, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Although the jury may still well and truly be out on whether the consolidation wave among AmLaw firms: (a) is just getting started; (b) has already crested; (c) is the smartest thing firms could possibly do in our increasingly globalized and client-centric world; (d)...
by Bruce | August 1, 2006 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management
My friend Rich Gary has a valuable piece on Law Firm, Inc. about "managing the unmanageable"—managing lawyers, in other words. Rich’s piece, in turn, builds on David Maister’s famous (to my mind, anyway) April essay in The...