by Bruce | February 13, 2009 | Articles, Finance, Leadership, Strategy
Within the space of 15 minutes late this afternoon I got calls from both Bloomberg News and The American Lawyer asking me what was going on with all the layoff announcements hitting the wires today. So this was not your ordinary day, and even though "Adam Smith,...
by Bruce | February 9, 2009 | Articles, Finance, Globalization, Leadership, Practice Group Management, Strategy
So now the "cull" has come to partners in the Magic Circle. As The Financial Times reports: The cull of partners at Britain’s leading law firms worsened on Wednesday as Clifford Chance unveiled plans for job cuts across its 21-country global office...
by Bruce | February 3, 2009 | Articles, Compensation, Finance, Globalization, Leadership, Practice Group Management, Strategy
Find out my thoughts on the matter here.
by Bruce | January 31, 2009 | Articles, Compensation, Finance, Practice Group Management
When The New York Times features it on the front page, it must be real, right? I’m referring to Billable Hours Giving Ground at Law Firms, which features Evan Chesler flatly arguing that “This is the time to get rid of the billable hour."...
by Bruce | January 28, 2009 | Articles, Cultural Considerations, Finance, Leadership, Strategy
Robert Shiller, the Yale economics professor who has co-authored the forthcoming Animal Spirits: How Human Psychology Drives the Economy and Why it Matters for Global Capitalism, has an important op-ed in The Wall Street Journal. Shiller’s op-ed itself is an...
by Bruce | January 25, 2009 | Articles, Finance, Globalization, Leadership, Strategy
Back from a week in London. (Close readers may recall I was there six weeks ago, and while I may be imagining things slightly, I believe the tone in the City has changed perceptibly even in that short time.) Herewith a concise report, albeit one consisting more of...