by Bruce | July 1, 2013 | Articles, Business Models, Strategy
Last chance to take our survey on the law firm taxonomy model; it will close down Saturday, July 6th. Why should you take the survey? It’s very brief – maybe 3-5 minutes. All questions are optional, nothing mandatory; but I wager you’ll find the...
by Bruce | June 22, 2013 | Articles, Branding, Business Models, Leadership, Strategy
At the conclusion of the final article in the “Law Firm Taxonomy” series (the article on Synergistic Super-Boutiques), I invite readers to take a survey offering your thoughts about the taxonomy structure in general, a few pointed questions about your firm...
by Bruce | June 20, 2013 | Articles, Business Models, Leadership, Strategy
Before we leap into the final category of firms in our taxonomy—”synergistic super-boutiques”—let’s recur to first principles and re-state what we’re trying to solve for. The issue is what do firms do to (in Darwinian order): (a) avoid...
by Bruce | June 16, 2013 | Articles, Business Models, Leadership, Strategy
For reasons that remain unclear to me to this day, back in college when I was majoring in economics, one of the fields I became fascinated with was that of industrial structure. Antitrust lawyers swim in the sea of industrial structure, whether or not they think of it...
by Bruce | June 13, 2013 | Articles, Business Models, Leadership, Partnership Structures, Practice Group Management, Strategy
Boutiques are next up in our law firm taxonomy, and first a word about what I mean when I say “Boutiques,” because I may be using it a bit differently than you might assume in common parlance. In my nomenclature for purposes of this taxonomy, boutiques are...
by Bruce | June 10, 2013 | Articles, Business Models, Strategy
We continue our taxonomy of law firms with a term I’ve borrowed shamelessly from the retail industry, “Category Killers.” In retail, these have traditionally been Big Box stores with exhaustive inventory and wickedly competitive prices on one deep...