by Bruce | February 21, 2013 | Articles, Business Models, Finance, Leadership
As a securities lawyer, I’ve read my share of financial disclosure documents, but I’ve never seen one in our industry-until today, when K&L Gates released its 2012 results (the figures were unaudited on the release date, but they will be audited...
by Bruce | January 22, 2013 | Articles, Branding, Business Models, Compensation, Cultural Considerations, Finance, Marketing
Permit me to paraphrase, and hopefully not mutilate, the lead from a recent article on strategy + business, the Booz & Co. (nee Booz Allen & Hamilton) online magazine: It’s a tough world …. New technologies … have permanently changed the [law firm...
by Bruce | December 16, 2012 | About the Site, Articles, Book Reviews, Business Models, Cultural Considerations, Finance, Globalization, Leadership, M&A, Partnership Structures, Practice Group Management, Strategy
We are delighted to announce that we have just published the complete 12-part series Growth is Dead as an e-book. Demand from you, Dear Readers, to be able to have the entire series available in one spot, was unprecedented and trying to satisfy those requests was...
by Bruce | November 16, 2012 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
As we come to the final installment of the Growth is Dead series, I hope the challenge I’ve laid out for us is clear. Excess capacity Stagnant demand Cut-throat or “suicidal” discounting Unprecedented pressure on prices, from all directions,...
by Bruce | November 8, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
We’ll have one more installment in our “Growth is Dead” series but let’s focus today on trying to synthesize a few themes that have been pervasive topics here on Adam Smith, Esq., since at least September 15, 2008, and even before, and look at...
by Bruce | November 2, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy
The first eight columns in this series, to state the obvious, have been all about the challenges facing BigLaw, which I believe may be mortal to some firms who don’t or can’t respond effectively. The new landscape reflects trends bubbling up under the...