by Bruce | December 16, 2015 | Articles, Business Models, Finance, Leadership, Partnership Structures, Strategy
It has become a commonplace—I have bowed to convention and endorsed the notion myself—to observe that law firms are labor-, not capital-, intensive, and that (here’s the dangerous and subtle segue) therefore there would be no benefit to them in taking on outside...
by Bruce | December 10, 2015 | Articles, Compensation, Finance, Recruiting
This will not be a lecture. However. In the course of navigating published analysis and coverage of our beloved industry, I can rely on regularly coming across pat assertions displaying such frightful ignorance of basic economics that I’m forced to conclude the...
by Bruce | December 6, 2015 | Articles, Cultural Considerations, Practice Group Management
A week or so ago, I happened across a training manual offering instructions on proper behavior within organizations. Here I take the liberty of quoting extensively from it. I ask one favor of you and one element of forbearance. The favor is to kindly ask yourself as...
by Bruce | December 1, 2015 | Articles, Business Models, Client Relationships, Compensation, Cultural Considerations, Leadership
A few months ago we invited you all to take a survey addressing how truly “collegial and collaborative” your firm is, and how well prepared you felt (a) to be able to knowledgeably point clients towards cross-serving opportunities and (b) to be rewarded...
by Bruce | November 27, 2015 | Articles, Leadership, Technology strategy
IBM Watson. Google’s driverless cars. Uncanny recommendations from Amazon, Siri, and Google Now. Not to mention the Financial Times/McKinsey Business Book of the Year Award for 2015 going to Martin Ford’s Rise of the Robots: Technology and the threat of a...
by Bruce | November 26, 2015 | Articles
Thanksgiving–in the truest sense of gratitude for all we have been given–is hardly for Americans only.
