by Bruce | January 18, 2017 | Articles, Business Models, Finance, Leadership, Strategy
From the foregoing analyses, it is apparent that the financial performance of law firms over the past 10 years has been driven by only one factor: rate increases. As we have seen, demand gowth for law firm services has been essentially flat, productivity has been...
by Bruce | January 17, 2017 | Articles, Recruiting
The following article was first published earlier this week in The Lawyer. We reproduce it here with their kind permission. Two days after the US Presidential election, the Atlantic magazine’s lead article, “The Trump Transition Begins,” opened with this short...
by Bruce | January 6, 2017 | Articles, Cultural Considerations, Leadership, Technology strategy
Q: What could put your firm at severe peril of failure that has nothing to do with clients, markets, bank debt, partner flight, infighting at the top, or any of the other usual suspects? A: A cybersecurity breach of your systems exposing confidential client info. Yes,...
by Bruce | January 2, 2017 | Articles, Leadership, Strategy
It’s become a commonplace to observe that Law Land has entered a period of negligible overall real growth in demand. (Five years ago I published Growth Is Dead: Now What?, which at the time prompted a fair amount of skepticism, a perspective on the book which...
by Bruce | December 8, 2016 | Articles, Leadership
Having been born in Manhattan, raised in a very close-in suburb which orbited in the firm grasp of The City and existed to serve it (it was the era when parents did that), and having lived and worked on this Island ever since college and law school, I plead guilty to...
