November 11, 2010
Our first principle to convert from military to mainstream business usage is Mass. Here’s the original: Mass – Concentrate combat power at the decisive place and time What mass means from the military perspective is that you bring together whatever...
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August 9, 2010
Here’s a recent post by Rick Colosimo in the Five-Minute General Counsel series on due diligence, with an even shorter short form due diligence request list than our own investor-based due diligence list. One question we haven’t answered here yet...
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June 16, 2009
We recently wrote about alternative fee structures for large law firms and their clients. A post from the WSJ law blog on Kirkland & Ellis’s foray into the field recognizes a point we’ve made before: some companies (and indeed, most...
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January 28, 2009
Most valuations follow a traditional pathway, with only slight differences between public and private companies: 1. Determine a valuation range based on the values of comparable public companies 2. Determine a valuation range based on the values revealed by transactions...
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January 21, 2009
Since I’ve been involved in the legal profession — fifteen years now — firms and general counsel have been talking about alternative fee structures. The failings of the billable hour system as well as the reasons for its persistence in...
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January 19, 2009
For some time now, we’ve been working with a senior retired banker from Lazard who is on our board of advisers. We essentially hired him to be our boss, in terms of helping us with strategic decisions, setting priorities, and...
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December 6, 2008
There is an interesting Forbes article by John Bogle in the November 17 issue. To summarize, Bogle determined that in a recent year, the “financial services” industry effectively took $620 billion off the top for a 7% fee on $9.5...
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November 1, 2008
The WSj recently published an article regarding the prospects of asking/demanding that political candidates or prospective CEOs release DNA sequence information. For us, even though data-driven analysis is the first phase in our business leadership process (Data-Driven Analytics (DDA), Informed...
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March 11, 2008
This article & discussion from Lifehacker.com includes an excerpt from a new book, CrazyBusy. The author, in that excerpt, talks about how we often get entangled today by a desire to have all the data before we make a decision....
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