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Memorial Day

by Bruce | May 27, 2024 | About the Site, Articles, Ineffable

If Supply Grows Faster Than Demand,…

by Bruce | May 8, 2024 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy

Sometimes it’s the quiet, seemingly unremarkable, things that  ultimately rear up and bite you.   Here may, or may not, be one. Let’s start with this chart from Thomson Reuters redoubtable annual Report on the State of the US Legal Market (here, the 2024 edition...

A.I.: Friend or foe? Webinar–You’re Invited!

by Bruce | April 24, 2024 | About the Site, Articles, Strategy, Technology strategy

Thursday May 2nd:  11:00 a.m. – 12 noon  Eastern Time (US and Canada) How is A.I. impacting BigLaw?  Bruce, Janet and the esteemed Toby Brown of DV8 Legal Strategies  will discuss the ways Gen A.I. is impacting law firm business models and what the implications are...

Is the American Legal Profession a Guild?

by Bruce | February 22, 2024 | About the Site, Articles, Cultural Considerations, Finance, Ineffable, Just Plain Interesting, Partnership Structures, Strategy

This is one in our occasional series of excerpts from my yet-to-be-published new book, treating, among other things, the historic roots of our profession tracing back to medieval guilds. I hope you enjoy, and, more importantly, that you provide any feedback,...

Three Cheers for Black Box Comp

by Bruce | February 1, 2024 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy

When it comes to partner pay, the first thing everyone salaciously wants to know is “how high is up?”  And second by a nose is probably “Who’s on top and by how much, especially compared to me?” Please, people, we can do better than this. (You have to admit it sounds...
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