by Bruce | June 19, 2006 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy
Anticipating change, for example change in the landscape of what practice areas are hot, can seem a fool’s errand, but I’d like to suggest that it’s not. We all know that "chance favors the prepared mind," and I’d like to try to...
by Bruce | June 16, 2006 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
I recur fairly often to the topics of management and leadership, mostly because they’re the hardest game in town. (And yes, we could have a Talmudic debate about how "management" is and is not "leadership," but since my goal is to...
by Bruce | June 14, 2006 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
Occasionally an article lies so irresistibly at the core intersection of economic theory and the professional interests of the "Adam Smith, Esq." community that, despite the fact we are not here for a graduate seminar in economics, it simply demands to...
by Bruce | June 11, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Although this is really by way of an update to the immediately preceding post, I think it’s worthy of standing on its own because, while it raises essentially the same issue, it approaches it from a sufficiently different perspective that it deserves its own...
by Bruce | June 8, 2006 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
When both David Childs of Clifford Chance and Tony Angel of Linklaters say something’s a serious problem, I pay attention. The issue du jour (or should that be du decade?) is retaining associates who find the time demands and general stress of large law firm...
by Bruce | June 6, 2006 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
In the past 24 hours, I’ve spoken with the managing partner/chairs of two AmLaw 50 firms, and I heard something from each that I hear altogether too rarely: They know what their firms are not going to do, or be. The first put it in these terms (I...
