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You Don’t Want Leaders, and You’re Not Getting Them

by Bruce | November 16, 2018 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy

We don’t often write purposefully on the topic of leadership, if for no other reason than it’s hard for most people to get past, “I know it when I see it,” but more substantively because we think it perfuses so much of our writing and...

Who’s Your Firm’s Real Client?

by Bruce | November 5, 2018 | Articles, Business Models, Client Relationships, Cultural Considerations, Leadership, Practice Group Management, Strategy

There is only one valid definition of a business purpose: to create a customer. –Peter Drucker, The Practice of Management (New York,: Harper, 1st ed. 1954); Routledge, 2012, at p. 37 Urban legend has it that a Harvard Business School professor (who is never...

Is Your Firm Playing to Win, or Not to Lose?

by Bruce | October 7, 2018 | Articles, Client Relationships, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy

Recent conversation with a veteran friend in the industry.  He had correctly deduced from a recent column in these pages that I’m (re-)reading the all-time strategy classic Playing to Win by A.G. Lafley and Roger Martin (Harvard Business Review Press: 2013) and...

Question of the Month: How to get lawyers to collaborate?

by Bruce | May 11, 2018 | Articles, Compensation, Cultural Considerations, Practice Group Management, Question of the Month

Take it away, readers! [poll id=”15″]

The Death of Lockstep?

by Bruce | May 7, 2018 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy

Last week Jim Stewart of The New York Times published $11 Million a Year for a Law Partner? Bidding War Grows at Top-Tier Firms which was pegged to the news that Sandra Goldstein had left Cravath for Kirkland, and a reported compensation package of $11-million/year...

The Law That Will Bite You Every Time

by Bruce | March 26, 2018 | Articles, Cultural Considerations, Practice Group Management

My favorite law in the whole world is the Law of Unintended Consequences.  I suspect I’m so fond of it because it’s intrinsically perverse, it smotes the smartest people (maybe especially the smartest people), it’s of universal applicability, and it shouldn’t be that...
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