Building consensus in compensation: the Addleshaws case study

Another well-intentioned and innovative reform to a law firm's partner compensation system has been aborted. The senior management team at one of the United Kingdom's better-managed law firms, Addleshaw Goddard , has been forced, by what appears to be unexpectedly strong opposition from...

Business plans for gigantic canoes

For several months now, I and some of my colleagues in the Public and Professional Interest Division of the International Bar Association have been reviewing the business plans of the PPID committees and other entities. These groups range from very small task forces and working groups of fewer than...

After the honeymoon

What happens when things don't work out after a merger as well as the partners had hoped? There are almost always some rough spots after any merger of two businesses. However, these can be become life-threatening for recently merged law firms, which, like most law firms, typically have lower...

A textbook example of international expansion

Allen & Overy's opening of its new office in Washington, D.C., announced today at legalweek.com demonstrates the smart way to plan and execute an international expansion strategy: Go only where you need to go, but go there with the best. The London-based global firm will build its Washington...