Having discussed the Citi/Hildebrandt annual client advisory, we now turn to the Thomson-Reuters/Georgetown Report on the State of the Legal Market for 2018. If Citi’s editorial tone tends to be rather celebratory of good news, Thomson-Reuters’ tends in...
Two of the Big Three Annual Reports on the state of Law Land are now out and it’s time for a survey of the horizon and some perspective. (The Big Three are the Altman-Weil “Law Firms in Transition” report [not yet released], the Citi/Hildebrandt annual client...
According to the self-assured analysis of McKinsey, there are only six types of successful acquisitions. Cutting directly to the chase, they are: Improving the target firm’s performance; Removing industry excess capacity; Creating market access for services;...
There is only one valid definition of a business purpose: to create a customer. –Peter Drucker, The Practice of Management (New York,: Harper, 1st ed. 1954); Routledge, 2012, at p. 37 Urban legend has it that a Harvard Business School professor (who is never...
Sometimes when a corporation fails you could have seen it coming decades ago and so it’s not news. But rarely you could have seen it coming decades ago and it’s still news. Thus with Sears’ bankruptcy filing. “Attention, attention must...
By “only two strategies,” I mean what if there are only two general ways of creating a sustainable competitive advantage? I’ve read a lot of the business and management literature on strategy (believe me…) and this thought first surfaced when I...
