by Bruce | February 5, 2016 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
Jim Collins has authored or co-authored six books that have sold over 10-million copies altogether. Good to Great may be the most famous (published in 2001, still the #1 best seller on Amazon in “Strategic Business Planning”), but Built to Last is also...
by Bruce | January 23, 2016 | Articles, Business Models, Finance, Strategy
Late this past week my partner Janet and I had the opportunity to participate in a panel at the 23rd annual Thomson Reuters Marketing Partner Forum (held this year in Orlando) on the “rise of the Big 4″—and, we took it to mean, all other species of non-law...
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 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 11, 2015 | Articles, Business Models, Client Relationships, Finance, Leadership, Strategy
Recently I had a chance to sit down with Ralph Baxter here in New York for an interview that was just released under the auspices of Thomson Reuters’ Legal Executive Institute. I invite you to take a look and of course to comment.
by Bruce | October 23, 2015 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, M&A, Strategy
This fall we had the opportunity to spend a fair amount of time in the Pacific Northwest—multiple trips to Seattle and Portland—and became better acquainted with the dynamics of that particular local/regional legal market. No mention of those two cities would be...