by Bruce | March 21, 2008 | Articles, Compensation, Cultural Considerations, Finance, Practice Group Management, Strategy
No question is posed to me more frequently these days than, "What does this economic environment mean for law firms?" To which the only sensible answer is, "It’s way too soon to predict anything for sure, but each firm’s own situation is...
by Bruce | March 18, 2008 | About the Site, Articles
With great pleasure, I can today announce that Adam Smith, Esq. has entered into a strategic alliance with Altman Weil, Inc., and with London-based Jomati Consultants LLP to consult with clients on matters related to law firm strategy and economics. I have known Ward...
by Bruce | March 15, 2008 | Articles, Cultural Considerations, Finance, Globalization, Leadership, M&A, Strategy
Just back from an abbreviated week in London (essentially Tuesday through Thursday). Herewith a report. I met with the managing partners of a good half-dozen firms, fairly representative of the marketplace, and unsurprisingly the top question on most minds is...
by Bruce | March 8, 2008 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management
A major article appears in this month’s American Lawyer, penned by Ben Heineman, most famously ex-GC of GE, and David Wilkins, Harvard Law professor. Both are now deeply involved in HLS’s Program on the Legal Profession, whose stated mission is "to...
by Bruce | March 3, 2008 | About the Site, Articles
Over at "Drug and Device Law," they kicked up a little storm last Friday by asking why the marketing value of practicing lawyers’ writing a blog seemed to be undervalued. I first learned of it when my friend Mark Herrmann of Jones Day sent me a...
by Bruce | March 1, 2008 | About the Site, Articles
Kevin O’Keefe and Rob La Gatta of LexBlog posed a few questions to me a week or two ago, for their "LexBlog Q&A Series," and I thought you, Dear Reader, deserved to see my answers. 1. When did you start Adam Smith, Esq? What was your purpose...