by Bruce | March 26, 2008 | Articles, Finance, Strategy
The current issue of The Lawyer features the cover story, "US top 50’s £23.4bn haul makes 2007 the best year ever." (That’s $46.8-billion to us.) Top-line: Year over year revenue for the 50 largest US-headquartered firms was up...
by Bruce | March 25, 2008 | Articles, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Today Altman Weil announced its release of The Legal Transformation Study: Your 2020 Vision of the Future, published by Decision Strategies International: “The comprehensive industry assessment identified 11 key global trends and uncertainties shaping the...
by Bruce | March 25, 2008 | Articles, Cultural Considerations, Finance, Globalization, Practice Group Management, Strategy
The attentive among you may recall that I was in London last November where, among other things, I was pleased and flattered to have been asked by Guy Beringer of Allen & Overy to participate in a panel hosted at A&O’s Bishopsgate headquarters on...
by Bruce | March 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management, Strategy
No question is posed to me more frequently these days than, "What does this economic environment mean for law firms?" To which the only sensible answer is, "It’s way too soon to predict anything for sure, but each firm’s own situation is...
by Bruce | March 15, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
Just back from an abbreviated week in London (essentially Tuesday through Thursday). Herewith a report. I met with the managing partners of a good half-dozen firms, fairly representative of the marketplace, and unsurprisingly the top question on most minds is...
by Bruce | February 27, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Strategy
Consider your reactions to these three hypothetical scenarios: In light of slack demand, BMW announces a combination of price cuts, rebates, and financing incentives that would save you 15%. More or less likely to visit a dealer? The Dow Jones Industrials are down 15%...