by Bruce | April 13, 2023 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Just Plain Interesting, Leadership, Partnership Structures, Practice Group Management, Strategy, Technology strategy
Jamie Dimon’s annual letter to shareholders, which comes out as part of the JP Morgan Chase annual report, was published about two weeks ago. At 42 pages, it takes more than a passing skim-over to digest, but. It is almost universally read among business leaders, and...
by Bruce | January 4, 2023 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
“Transparency!” is a far more clarion call to arms than “Opacity.” And as a securities lawyer, I was trained–and didn’t take much convincing, truth be told–that full disclosure was a not so minor deity. Yet here I am...
by Bruce | December 12, 2022 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Remember these? We made it customary here at Adam Smith, Esq. to publish a “Letter from….” after our return from any meaningful business trip to noteworthy cities. And, thankfully, here we are. When you’ce been away from anything–a Great...
by Bruce | November 18, 2022 | About the Site, Articles, Business Models, Compensation, Cultural Considerations, Partnership Structures, Recruiting
This article is by Janet Stanton, Partner, Adam Smith, Esq. Recently, we had the good fortune to work with our great friends at Above the Law on a project to delve into the current associate mindset. As with the recent midterm elections, the results were not what the...
by Bruce | September 21, 2022 | Articles, Business Models, Finance, Globalization, Leadership, Practice Group Management, Strategy
Geography–a “sense of place”–is often taken for granted as the inevitable but fundamentally random by-product of historical happenstance, and almost never appreciated for the strategic dimension it provides–like it or not. Because...
by Bruce | September 13, 2022 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Recently across my desk came a copy of a thoughtful and comprehensive article on why law firms collapse. Or rather, I should say, a pair of articles on that topic, both by John Morley, Yale law professor {his name was not familiar to me). The pair of articles consists...
