by Bruce | February 28, 2011 | Articles, Leadership, Profiles of Individuals, Strategy
We’ve all heard the sad news that Joe Flom died Wednesday at age 87. (WSJ, The American Lawyer, The New York Times, DealBook) Over 20 years ago, on the occasion of the tenth anniversary of The American Lawyer, Steve Brill wrote a profile of Joe, and...
by Bruce | February 25, 2011 | Articles, Finance, Practice Group Management, Strategy
There’s been so much talk recently about “alternative fee arrangements” (AFAs) that, frankly, we’re exhausted. But before we give up on the subject entirely (which, don’t be alarmed, we shan’t do), it’s perhaps time for a...
by Bruce | February 18, 2011 | Articles, Compensation, Cultural Considerations, Finance, Partnership Structures, Practice Group Management, Strategy
A-ha! That, at least, was my reaction when reading the research report published this week in The Lawyer. Here are the top-line results, and then I’ll give you my reaction: The Lawyer hired a research firm called Motive to analyze lateral...
by Bruce | February 18, 2011 | Articles, Cultural Considerations, Finance, Strategy
Tim Bratton, the general counsel of the Financial Times, has an interesting perspective on DLA Piper’s recently announced plan to revamp its client base. Here’s what that entails: All partners were given details of the framework last month as part of a bid...
by Bruce | February 9, 2011 | Articles, Compensation, Cultural Considerations, Partnership Structures, Strategy
I suppose that when it’s in The Wall Street Journal, it’s true. Well, it’s certainly true that attention must be paid. Which brings us to “Pay Gap Widens at Big Law Firms as Partners Chase Star Attorneys,” from the front page of...
by Bruce | January 27, 2011 | Articles, Business Models, Finance, Innovative Managing Partners, Partnership Structures, Strategy
A few days ago I had a chance to catch up with my friend Alex Hamilton, now at radiant.law. (I knew Alex in his previous position as a Latham partner and wrote about his efforts behind Latham’s online “Capture” tool for clients.) I...