by Bruce | April 7, 2010 | Articles, Cultural Considerations, Finance, Strategy
The life of the law has not been logic; it has been experience. Oliver Wendell Holmes, Jr., The Common Law at p. 1 (1881) Of all the pithy and enduring observations that have been made about our profession (and, yes, our industry), this may be my all-time...
by Bruce | March 31, 2010 | Articles, Cultural Considerations, Strategy
Did you ever consider that a society’s level of “market integration” (more in a moment) might be strongly and positively correlated with the society’s overall level of fairness? If you haven’t thought about that, time to catch up with the...
by Bruce | March 19, 2010 | Articles, Compensation, Finance, Globalization, Leadership, Partnership Structures, Strategy
A few days ago the juxtaposition of two articles, one in The Wall Street Journal and the other in The Times (UK), struck me as too rich not to point out. The WSJ wrote, in “Gap Widens Between Tech Richest and the Rest,” that: A handful of cash-rich...
by Bruce | March 15, 2010 | Articles, Globalization, Marketing, Strategy
A perennial question, not susceptible to any definitive resolution, is the classic, “Do you hire the lawyer or the law firm?” I actually think this is one of those too-cute-by-half semantic tricks designed to inveigle the unwary into Talmudic debates...
by Bruce | March 12, 2010 | Articles, Cultural Considerations, Finance, Globalization, Strategy
Not every day do we get what appears to be good news on the much bruited-about topic of the US’s global competitiveness. But courtesy of today’s FT we have just that, in New York ties with London for finance crown. A consultancy with the...
by Bruce | March 10, 2010 | Articles, Leadership, Practice Group Management, Strategy
Unfortunately, I’ve seen, up close and personal, law firms that suffered serious setbacks-or even failed outright-due to what could only be called “failure of succession planning.” What brings this to top-of-mind prominence is of course...