by Bruce | August 9, 2012 | Articles, Business Models, Finance, Innovative Managing Partners, Leadership, Strategy
LegalWeek has released their annual “UK Top 50” ranking and it paints a rosy picture of strong revenue and profit growth in the teeth of global economic headwinds. Specifically: Total revenue of the Top 50 hit £12.96-billion (US$20.25-billion) This was a...
by Bruce | August 6, 2012 | Articles, Business Models, Leadership, Strategy
Not long ago, in their Soho offices, I had a chance to sit down with Mark Harris, CEO and Founder of Axiom, and a JD/BA grad of the University of Texas and former Ninth Circuit clerk and Davis Polk associate. To say that Mark has “views” on the state of...
by Bruce | July 16, 2012 | Articles, Finance, Globalization, Leadership, Strategy
If you think your firm faces new strategic challenges in the wake of the Great Reset, imagine if you had been running a global bank in 2009, where the entire regulatory, interest rate, competitive, and customer environments had shifted abruptly and substantially...
by Bruce | July 9, 2012 | Articles, Cultural Considerations, Finance, Innovative Managing Partners, Leadership, Strategy
Let me line up side by side for you some very current perspectives on the larger issues facing BigLaw. The impressively thoughtful (and articulate) Dr.. George Beaton wrote less than a month ago, in Without re-invention firms’ profits will plunge in line with...
by Bruce | June 28, 2012 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy
By what follows I may reveal a curiosity sufficiently wide-ranging as to border on the suspicious, but so be it. When I was in college I took all the introductory-level, and many intermediate-level, science courses I could get into. Math through multivariate...
by Bruce | June 25, 2012 | Articles, Compensation, Cultural Considerations, Globalization, Leadership, Strategy
The one question I’m asked most frequently these days, in the aftermath of Dewey, is "Who’s next?" Even if I had an answer to that—which is, as one apocryphal job applicant replied when asked his greatest weakness, "for me to know and...