by Bruce | August 25, 2026 | Articles, Business Models, Cultural Considerations, Generative AI, Leadership, Partnership Structures, Strategy
A little while ago I was interviewed by Niraj Chhabra of Sidebar Advisors. He publishes a podcast and here’s a link to my conversation with him. He also shared alternative platforms where you can find our conversation in case you are more comfortable with one of...
by Bruce | August 16, 2026 | Articles, Branding, Business Models, Client Relationships, Generative AI, Leadership, Partnership Structures, Strategy
Back in 2019 we published a three-part series introducing and fleshing out our model of the competitive market segmentation of law firms. We posited that the two primary segments of BigLaw are the “maroons,” go-to firms for bet-the-company matters garnering...
by Bruce | July 28, 2026 | Articles, Business Models, Generative AI, Strategy, Technology strategy
About a month ago, Steven Croley, Chief Policy Officer and GC at Ford Motor–who, full disclosure, I do not know–published a column on Bloomberg Law opening with the commonplace observation that AI is disrupting the legal services market for large public...
by Bruce | June 26, 2026 | Articles, Branding, Business Models, Client Relationships, Generative AI, Leadership, M&A, Partnership Structures, Strategy
In the past we have written that for law firms scale—number of partners and total lawyers, number of offices, total revenue, &c.—doesn’t really matter. The distinctions that clients care about center around specific domain/practice area expertise, track record, a...
by Bruce | April 30, 2026 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
This is another installment in our series of profiles of leading economists from Capitalism and its Critics. It’s our first profiling not a champion of capitalist progress but a stout opponent. Cassidy opens this, Chapter 3 of his work (“The Logic of the Luddites”)...
by Janet Stanton | April 19, 2026 | Business Models, Cultural Considerations, Leadership, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. Ten years ago, the topic of succession planning was viewed like kryptonite; the mere mention caused folks’ hair to burst into flame. Fortunately, those days are (mostly) over. Many firms are...
