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An Iron Fist in the Velvet Glove of Associate Pay?

by Bruce | October 2, 2017 | Articles, Branding, Business Models, Compensation, Finance, Law Schools, Leadership, Recruiting

Across the pond from New York our friend Alex Novarese, editor in chief of Legal Business, just published his commentary Associate pay smoke screen: it’s fooling no-one, which notes “the emergence over the last two years of suspiciously co-ordinated attempts by London...

Question of the Month #5: De-equitizing Partners?

by Bruce | October 1, 2017 | Articles, Cultural Considerations, Leadership, Partnership Structures

We intend October’s “Question of the Month” to squarely address an issue laden with financial and emotional repercussions.  But we have surpassing confidence that Adam Smith, Esq.’s intrepid readers are up to it. Without further ado, then: [poll id=...

Polls about to Close on September’s “Question of the Month”

by Bruce | September 29, 2017 | Articles, Question of the Month

Today is September 29th and voting is about to close on this month’s Question: Is the prohibition against non-lawyers having an ownership interest in a law firm still a good idea? Cast your vote here. At this moment we’re at 143 votes; let’s break...

Letter from Toronto

by Bruce | September 19, 2017 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy

Most readers are familiar with our habit of writing a “letter from…” when we have spent some time in a particular market.  We spent last week in Toronto among other things delivering the keynote and moderating breakout sessions at the annual meeting of Interlex, an...

The Decline of Litigation? Part 3

by Bruce | September 13, 2017 | Articles, Business Models, Finance, Leadership, Practice Group Management, Technology strategy

At the outset of this series, I explicitly said that I am not implying that disputes in the world were declining,  just that revenue to law firms from the litigation practice would decline. But it never hurts to ask. So again our good friends at Thomson Reuters said...

Question of the Month #4: Non-lawyer Ownership?

by Bruce | September 1, 2017 | Articles, Business Models, Partnership Structures, Question of the Month

Our fourth question of the month. At this point, you know what to do. As always, please use the comments box to add thoughts, glosses, and, well, commentary. [poll id=”9″]
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