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....
by Bruce | May 5, 2014 | Articles, Business Models, Finance, Leadership, Strategy
I was at a conference of “Canadian Law Firm Leaders” outside Toronto earlier this week, and one of the highlights of the event, to my mind, was a talk by a representative of PeerMonitor, ThomsonReuters’ data analytics arm, which compared the recent...
by Bruce | April 27, 2014 | Articles, Business Models, Law Schools, Leadership, Recruiting, Strategy
I recently wrote about the depressing prospects for graduates of all but the top ten or twenty law schools (Two Law Grad Markets). And yes, these were statistical generalizations, and the experience of specific individuals with particular skills and backgrounds will...
by Bruce | March 27, 2014 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
Turnabout. Today we have a sequel, in a yin-yang fashion, to our earlier column, “3 leading indicators of failure.” What might the equivalent indicators be for success, or outperformance? I’m not going to rehearse characteristics of successful firms...
