The man who invented management

Businessweek gave Peter Drucker the moniker “the man who invented management”. He has long been considered one of the most influential management thinkers, and each year his namesake the Drucker Institute hosts a conference in Vienna that continues to attract the cream of business thinkers and leading CEOs. Legendary CEO Jack Welch of GE was highly influenced by Drucker’s work as were other major companies such as Ford, Dell and Toyota. Recently it has been suggested that many of the tech industry’s new generation of CEOs are also looking to Drucker’s thinking to inform their strategic direction. Mark Zuckerberg reportedly consulted many of Drucker’s principles in building Facebook from a start-up into the global brand it is today.

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More than money

There’s an oft-quoted remark by Theodore Roosevelt saying, “Appraisals are where you get together with your team leader and agree what an outstanding member of the team you are, how much your contribution has been valued, what massive potential you have and, in recognition of all this, would you mind having your salary halved?”

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Boutiques: Radiant Law revenues double as it plans ‘aggressive’ growth

Technology and outsourcing boutique Radiant Law is making good on its ambitions to shake up traditionally conservative forms of providing legal services after revealing revenues of £3m for the 2013/14 financial year, doubling on the previous year, while chief executive Alex Hamilton has further plans to double lawyer headcount by 2017.

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Shunning the Bar: Former Olswang head of arbitration opts for JAMS International over chambers

One of a slew of arbitration lawyers over recent months to desert big law and the client conflicts that come with it, Olswang’s former head of arbitration Andrew Aglionby has decided that a move to the Bar would ‘throw up the same difficulties’ and has joined rent-an-arbitrator platform JAMS International.

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US revenues 2014: Kirkland’s partner profits top $3.5m as Squires reveals first post-merger results

US firm revenues continue to come through with Kirkland & Ellis posting a 6.6% increase in global revenues to $2.15bn in 2014, an increase from the previous year when turnover rose 4% to $2.02bn. Meanwhile, Squire Patton Boggs posted its first post-merger global revenues, coming in at $870.5m with $163m of this generated in the UK.

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275,000 sqft: Clifford Chance and BLP advise on Deloitte lease with Land Securities

Clifford Chance (CC) and Berwin Leighton Paisner (BLP) have both landed a significant instruction on accountancy giant Deloitte’s major pre-let of the entire building of 1 New Street Square, in a deal that will see Deloitte acquire 275,000 square foot of space on a 20-year lease at the site.

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Revolving doors: Hires in London and Asia plus a significant secondee

Last week was another busy week for hires both in private practice and in-house, with Bird & Bird investing in Australian IP, Berwin Leighton Paisner (BLP) appointing a financial services regulatory partner in London, and King & Spalding recruiting a Herbert Smith Freehills (HSF) partner in Asia. In-house, Stephenson Harwood seconded a rail partner to head the legal team carrying out the UK’s HS2 project.

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Trainee retention: CMS Cameron McKenna keeps on 62% of spring 2015 cohort while Pinsents manages 79%

CMS Cameron McKenna revealed what it described as an ‘uncharacteristically low’ trainee retention rate today (27 March), with only 61.5% of its 26-strong intake staying with the firm while Pinsent Masons secured 15 trainees but from a smaller round of 19.

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