by Bruce | June 5, 2019 | Articles
Born June 5, 1723, Kirkcaldy, Scotland. Today he would be 296.
by Bruce | June 3, 2019 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Strategy
We have never subscribed to the belief that law firms operate in a fundamentally undifferentiated industry—that each law firm competes with every other law firm—and that given the magic alignment of expertise, cost, and personal rapport, clients’ choice of law firms...
by Bruce | May 31, 2019 | Articles, Business Models, Finance, Leadership, Technology strategy
Eight years ago, Marc Andreessen wrote that “software is eating the world.” Notably, he wasn’t specific about what geographies it had already consumed and where it was going next. Today I’d like to suggest that whether this software feast is...
by Bruce | May 27, 2019 | Articles
by Bruce | May 14, 2019 | Articles, Cultural Considerations, Ineffable, Leadership, Partnership Structures
A week or two ago I picked up a copy of David Brooks’ latest, The Second Mountain: The Quest for a Moral Life, and while this is not a book review or anything like it (I confess that I’m just a few chapters into it so far), early on he offers a few...
by Bruce | May 9, 2019 | Articles, Business Models, Finance, Leadership, Partnership Structures, Practice Group Management
We have written before about the profession’s seeming disconnect between how people perceive the typical law firm, in terms of lawyer career-level distribution, and reality. The perception, from history, is that of a relatively small number of partners on top...
