by Bruce | January 30, 2015 | Articles, Globalization, Strategy
I wasn’t going to write about Dacheng/Dentons until I was. When I first heard about the mega tie-up creating the largest law firm in the world—records are made to be broken, as any number of athletes will happily confide in you—I had only two thoughts: First,...
by Bruce | January 26, 2015 | Articles, Finance, Globalization, Leadership, Strategy
Across my desk last week came US Trust’s 2015 Investment Strategy Overview, a 40-page publication laying out their view of the year ahead for investors, including their highlights and overall perspective as well as a global macro overview, their views on...
by Bruce | January 21, 2015 | Articles, Business Models, Client Relationships, Leadership, Strategy
Newish to many lawyers, rarely to their delight, is a growing realization that when clients start talking about the price for legal services, they don’t (really) care whether that price is arrived at by summing a whole lot of billable hours, a negotiated...
by Bruce | January 14, 2015 | Articles, Cultural Considerations, Leadership, M&A, Strategy
The widely experienced and catholically curious Lee Pacchia (formerly of Bloomberg Law, now at his own Mimesis Law) asked me to stop by his studio last week and talk about the role of culture in law firm combinations. I also touch on the issue of “deal...
by Bruce | December 30, 2014 | Articles, Cultural Considerations, Leadership, M&A, Strategy
To paraphrase the gone-but-not-forgotten E.F. Hutton campaign (I did work on Wall Street—I’m allowed these memories), when a Director Emeritus of McKinsey, who founded and led the firm’s global practice supporting mergers and acquisitions, speaks about...
by Bruce | December 12, 2014 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Recruiting, Strategy
From the Kirkland & Ellis site, under the topic Careers–>Laterals Overview (I quote in full, emphasis supplied): At Kirkland, the quality and experience of our lawyers are among our greatest strengths. We are committed to making a substantial investment...