by Bruce | July 22, 2008 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership, M&A, Practice Group Management, Profiles of Individuals, Strategy
I recently had the chance to sit down with Jay Zimmerman, Chairman of Bingham, to discuss the changes he’s seen over his career, and to talk about the future of the legal industry and Bingham. Herewith a synopsis. Jay (Harvard, Harvard Law) started his career in...
by Bruce | July 18, 2008 | Articles, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Does it strike you (as it does me) that the noise level surrounding "innovation" in law firms is reaching crescendo proportions? Just in the last few months, I’ve written about Legal OnRamp, Allen & Overy’s mini-conference on innovation here...
by Bruce | July 14, 2008 | Articles, Cultural Considerations, Finance, Practice Group Management, Strategy, Technology strategy
Here’s an addendum to the coverage I gave to Eversheds’ Report on The Law Firm of the 21st Century, as well as to the story I published last month on the conference held here in New York sponsored by Eversheds. This email came in over the weekend...
by Bruce | July 10, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Richard Turnor, a partner in the Private Client Group at Allen & Overy, has penned for Managing Partner Magazine one of the more thoughtful pieces on the implications of the Legal Services Act in the UK. In particular, he asks the same question...
by Bruce | July 3, 2008 | Articles, Finance, Innovative Managing Partners, Leadership, Practice Group Management, Strategy
This is a column about wringing our hands. Our first text, from the Old Testament conventional debate, stems from today’s WSJ story on "Axiom Legal," headlined Newcomer Law Firms Are Creating Niches with Blue-Chip Clients, discussing the business model...
by Bruce | June 21, 2008 | Articles, Cultural Considerations, Finance, Practice Group Management, Strategy
Last week Eversheds sponsored a conference in New York, primarily targeted at senior inhouse counsel, to discuss the current and future state of relations between law firms and inhouse departments. It was not pretty. About 90% of the attendees were the chief...