by Bruce | November 2, 2005 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
And the winner is…"Modified Lockstep," closely followed by my own perverse favorite "there’s no such thing." Specifically, "lockstep with super-points" drew the most votes and "lockstep with geographic [or] practice...
by Bruce | November 1, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Strategy
It comes as news to no one that mergers have recently been changing the legal landscape. Tony Williams and I share the view that we are witnessing the transformation of the industry’s fundamental structure, into a form that may endure for decades going...
by Bruce | October 31, 2005 | Articles, Cultural Considerations, Knowledge Management, Leadership, Strategy, Technology strategy
I’ve writtten before about using blogs (and wikis and RSS) as knowledge management platforms in law firms, but for my Edge International presentation last week in London, I developed the following diagram which encapsulates my thinking on this: Three of a...
by Bruce | October 30, 2005 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
"Business intelligence" is the unfortunate (because misleading) term of art for profitability analysis using sophisticated software. The phrase "business intelligence" is too readily confused with "competitive intelligence," which...
by Bruce | October 27, 2005 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Strategy
Actually, this post is less about hockey players and associates than it is about how the top firms are all able to mysteriously agree on the "going rate" ($125,000 for first year’s) without colluding, and on the dynamics behind the scenes when that...
by Bruce | October 27, 2005 | About the Site, Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Strategy
More on my London journey: The raison d’être of the trip, as mentioned, was to meet the other partners of Edge International: That meeting was this past Saturday and Sunday at the Naval & Military Club hard on St. James’ Square in...