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Cross-serving vs. Cross-selling; yes, there’s a difference

by Janet Stanton | August 3, 2025 | Articles, Branding, Client Relationships, Cultural Considerations, Marketing, Strategic Client Management

The following column is by Janet Stanton, Partner, Adam Smith, Esq., LLC–Bruce Firms are increasingly realizing the value of expanding relationships with their existing clients – be it involving more partners, additional practice areas, offices or other...

The Fable of Starbucks

by Bruce | September 8, 2024 | Articles, Branding, Business Models, Cultural Considerations, Leadership, Strategy

Few brands are more prominent in our daily lives (well, at least if you’re a Western world urban dweller) than Starbucks.  Its rise to prominence has become standard-issue corporate lore: From its single Seattle store founding in 1971 to Howard Schultz’s...

Why Does Intake Matter? It’s the Future of your Firm

by Bruce | June 6, 2024 | Articles, Branding, Business Models, Client Relationships, Finance, Leadership, Marketing, Strategic Client Management

This column is by Janet Stanton, Partner, Adam Smith, Esq. At far too many law firms, client or matter intake consists of a perfunctory credit and conflicts check, and you’re off to the races.  This forfeits the opportunity to intentionally and purposefully manage the...

Who Needs To Be Listening To Your Clients? You do.

by Bruce | January 17, 2024 | Articles, Branding, Client Relationships, Cultural Considerations, Marketing, Practice Group Management

The following column is by Janet Stanton, Partner, Adam Smith, Esq. For unfathomable reasons many law firms and lawyers eschew client feedback. The reason we’re baffled by this is that at its most basic, the business of law firms is to serve client’s needs.  Let me...

Genesis of “Adam Smith, Esq.” as Our Firm’s Name

by Bruce | September 17, 2023 | About the Site, Adam Smith Himself, Articles, Branding, Ineffable, Just Plain Interesting

Over this past summer, a client, who has become a friend, asked us what the “back story” is behind the name of our firm.  (Presumably he found the name ingenious or bizarre or some combination thereof.)  Be that as it may, after we explained the origin he said he...

The Maroons & The Grays: The Next Chapter

by Bruce | July 16, 2023 | Articles, Branding, Business Models, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategic Client Management, Strategy

It has been four years since we initially published our series laying out a law firm market segmentation model we called the “Maroons & The Grays,”[1] and four years on is none too soon for an update. No model is, or should be, static, and as we have worked with...
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