by Bruce | January 24, 2011 | Articles, Compensation, Cultural Considerations, Leadership, Strategy
Booz & Co.’s Strategy + Business published something of a primer called “Successful Strategic Planning” last month, and it’s worth a quick review for the distilled–if simple–wisdom it embodies. [For those of you who...
by Bruce | January 21, 2011 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
“With all respect, I think that’s the wrong question. There’s always new stuff out there, and most of it’s not very good. Rather than looking for the next musing, it’s probably better to be thorough about what we know is true and make...
by Bruce | December 28, 2010 | Articles, Globalization, Leadership, Strategy
On the occasion of the 100th birthday of Ronald Coase (actually, December 29th–and he’s alive and more than kicking, about to publish a new book early next year, How China Became Capitalist), the Economist has published Why Do Firms Exist?, which opens...
by Bruce | December 24, 2010 | Articles, Cultural Considerations, Globalization, Leadership, Strategy
A loyal reader (requesting anonymity as he’s not authorized to speak for his firm) writes: You and other commentators (Richard Susskind comes to mind) make a case for a more efficient, industrialized, less hand-crafted practice of law. I note, however,...
by Bruce | December 19, 2010 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
A few days ago LegalWeek wrote about whether the “global law model helps or hinders the top-level adviser:” In other words, whether the more commercially minded we all become as lawyers and as firms, the less room there is for the classic strategic...
by Bruce | December 8, 2010 | Articles, Compensation, Cultural Considerations, Leadership, M&A, Partnership Structures, Strategy
A few days ago LegalWeek had a short piece announcing that: Hogan Lovells is set to offer marquee lateral hires above-lockstep pay deals as part of ambitious plans to dramatically expand its City M&A practice. The strategy is intended to underpin the firm’s...