by Bruce | March 4, 2010 | Articles, Cultural Considerations, Partnership Structures
When is a story not a story? (This is not a trick question.) Well, when, for example, it reports on a development so small as to be trivial–but inflates its import and meaning greatly out of proportion. Or when it is premised on statistical analysis but...
by Bruce | February 23, 2010 | Articles, Compensation, Finance, Leadership, Strategy
Earnings Season is now in full throat, and we’re beginning to see a remarkably consistent pattern emerge: Revenues essentially flat to down 10% Profits flat to slightly down-but PPP flat or even up a bit I generalize, of course. But here is some of the evidence...
by Bruce | February 19, 2010 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
The Law Society of England & Wales recently published Nick Jarrett-Kerr’s Strategy for Law Firms: After the Legal Services Act, and Nick was kind enough to send me a copy for my perusal. (Disclosure: I’ve known Nick for years, although we have never...
by Bruce | February 11, 2010 | About the Site, Articles
Dear Reader: As you may know, we recently moved the monthly Adam Smith, Esq. newsletter from a free to a paid-subscriber model. The Adam Smith, Esq. website remains free–only the newsletter is now a premium offering. We have been publishing the monthly...
by Bruce | February 10, 2010 | About the Site, Articles
The Great Hill in Central Park Today
by Bruce | February 5, 2010 | Articles, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Fourteen years ago, Greenberg Traurig wasn’t in the AmLaw 100, and today it’s #10. Their CEO during this entire period–until he stepped down lastweek–was Cesar Alvarez, now age 62. When he became CEO of the firm, it was a “small but...