by Bruce | April 12, 2008 | Articles, Cultural Considerations, Leadership, Practice Group Management
First comes an FT story on clients demanding more "diversity" in City firms, then a followup letter attributing high female turnover to late night hours, next a WSJ Law Blog piece on how to keep female talent on the partnership track (featuring insights from...
by Bruce | April 10, 2008 | Articles, Cultural Considerations, Knowledge Management, Practice Group Management, Technology strategy
Here at "Adam Smith, Esq." I’ve written about Knowledge Management a fair amount, since it’s my belief that knowledge is what law firms sell. But despite the (I believe) inarguable centrality of KM to what we do, there are three enormous problems...
by Bruce | April 4, 2008 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Practice Group Management
"Multilocal?" That’s the new McKinsey coinage intended to lend new intellectual luster and heft to the perennial management-theoretical challenge of how to manage multinational firms. No matter how familiar the business issues, now is probably an...
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...