by Bruce | September 15, 2009 | Articles, Leadership, Strategy
One year later, and what have we learned? The strong, almost unanimous, consensus in hindsight is that letting Lehman Bros. fail was what precipitated the global financial meltdown, or what at least accelerated and deepened it. But what if that consensus is wrong? I...
by Bruce | August 24, 2009 | Articles, Cultural Considerations, Finance, Law Schools, Practice Group Management, Strategy
When on the same day both the WSJ and Corporate Counsel publish feature articles heralding that the time has come for alternatives to the billable hour, it’s time to step back and ask if they might actually be right this time around. (It doesn’t hurt...
by Bruce | August 19, 2009 | Articles, Leadership, Strategy
Trying times call for a dose of perspective, and in “Leadership Lessons for Hard Times” McKinsey tries to provide just that. As they say in the preface, their goal is not to excavate the mistakes that led us to this crisis–quite enough ink has...
by Bruce | August 6, 2009 | Articles, Cultural Considerations, Leadership, Strategy
Have you ever asked yourself why management education exists? Presumably, we know why law school exists (even the most curmudgeonly among us would admit the first year, and perhaps a fair portion of the second year, are an experience unlike any other, which, if...
by Bruce | July 31, 2009 | Articles, Globalization, Strategy
When the business paper of record (I refer of course to The Wall Street Journal, at least here on this side of the pond, although I’m increasingly fond of the Financial Times), prints a prominent article on its Op-Ed page entitled The End of Big Law, as Arthur...
by Bruce | July 28, 2009 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Back in March at the American Enterprise Institute annual dinner, Charles Murray gave a talk entitled “The Happiness of the People.” The managing partner of a large AmLaw firm recently brought it to my attention. The AEI’s...