by Bruce | May 20, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
When I began practicing in New York in the early 1980’s there were still vestiges of the "white shoe"/Jewish law firm divide; indeed, Breed, Abbott & Morgan, where I started, and Shea & Gould, where I also worked, were almost caricatures of...
by Bruce | May 17, 2006 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
A loyal reader who has also become a friend writes that he has just re-read The American Lawyer’s lead story on the AmLaw 100 for 2006 and he has some questions (emphasis supplied): "Maybe I’m missing something, but the analysis seems flawed to me...
by Bruce | May 11, 2006 | Articles, Compensation, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management
Across the pond, anti-age discrimination regulations are going to go into effect in October, and firms are already bracing for their impact. This is what they require, in a nutshell: "The Regulations apply to employment and vocational training. They...
by Bruce | May 4, 2006 | Articles, Compensation, Cultural Considerations, Leadership, Practice Group Management
CFO magazine (along with the usual sources) reports that at Raytheon’s annual meeting yesterday the company announced that it would freeze CEO William Swanson’s salary at its 2005 level and reduce his restricted stock eligibility by 20%. Not...
by Bruce | April 30, 2006 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy
Herewith our last two charts of the weekend. First, we have the cumulative "market share" (revenue) of the AmLaw 100 in rank order, showing that the top 28 or so firms have 50% of the market. Antitrust 101 tells us this is a very fragmented...
by Bruce | April 29, 2006 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy
Here at "Adam Smith, Esq.," the release of the annual AmLaw 100 feels a bit like Super Bowl weekend; there are lots of stories to report. Fortunately, here in virtual space, we have unlimited newsprint and ink. Here are a few more ways to slice the...
