by Bruce | September 10, 2014 | Articles, Business Models, Technology strategy
This column is by our Senior Adviser, Doug Caddell: A few weeks ago I returned from the 37th annual ILTA education conference, which was held this year at the Gaylord Opryland hotel in Nashville. The Gaylord in Nashville is not my favorite venue. It was cobbled...
by Bruce | August 14, 2014 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
A famous former (and now late) leader of the US House of Representatives, the classic Boston pol Tip O’Neill, supposedly remarked that “all politics is local.” To that I would add MacEwen’s corollary, that “all rivalries are...
by Bruce | July 7, 2014 | Articles, Business Models, Cultural Considerations, Leadership, Strategy
Lots of loose language has been tossed about lately on the topic of “disruption,” and it may be time for a bit of perspective. McKinsey, never late to a trend, published Strategic principles for competing in the digital age a few weeks ago, noting that...
by Bruce | June 3, 2014 | Articles, Business Models, Finance, Leadership, Strategy
Brief thoughts prompted by the release a few days ago of the AmLaw Second Hundred. These are firms ##101—200 in the AmLaw ranking, and by and large they’re regional shops based in secondary metropolitan areas, or small shops in primary cities, or specialists....
by Bruce | May 28, 2014 | Articles, Business Models, Finance, Globalization, Leadership, Strategy
Many of you have read or know of our first book, Growth Is Dead: Now What? Law firms on the brink, published early in 2013. We now have a sequel of sorts, just published this week: A New Taxonomy: The seven law firm business models. “A sequel of sorts” in...
by Bruce | May 19, 2014 | Articles, Business Models, Finance, Leadership, Strategy
It has become bromidic to observe that we’ve moved from a linear growth market, ever up and to the right, to one of flat demand (did someone say, “growth is dead?”). We are, in short, in a battle for market share. Welcome to the rest of the economy....