by Bruce | May 11, 2020 | About the Site, Articles, Business Models, Client Relationships, Cultural Considerations, Leadership, Strategy
This column is by Bruce MacEwen and Janet Stanton What do we know now that we did not know in January? Obviously, we know we’re in the grip of a global pandemic, which has precipitated a worldwide macroeconomic seizure comparable to the Great Depression, and that...
by Bruce | April 24, 2020 | Articles, Build Back Better, Client Relationships, Compensation, Cultural Considerations, Finance, Leadership
The following column was published on Thomson Reuters’ Legal Executive Institute site on April 20, 2020. We reprint it here by their courtesy. This 2-part series was written by Bruce MacEwen & Janet Stanton of Adam Smith, Esq. Over the past couple of weeks...
by Bruce | September 29, 2019 | Articles, Client Relationships, Cultural Considerations, Marketing, Practice Group Management, Strategy
We would flatter ourselves to believe that even occasional readers know we believe fervently in basing our work on data and research, not just hunch and intuition. So we warmly welcomed it when PwC’s often useful “strategy + business” published a little bit ago an...
by Bruce | August 26, 2019 | Articles, Business Models, Client Relationships, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Has our first (and really only) answer to the question, “What is a corporation’s purpose?” been wrong for the last, oh, 40 or 50 years? The answer, pace Milton Friedman [see note at end], has of course been “shareholder value!” And now...
by Bruce | June 14, 2019 | Articles, Business Models, Client Relationships, Cultural Considerations, Finance, Leadership, Marketing, Partnership Structures, Strategy
Let’s open this third and final installment with the #1 question we’re most frequently asked about this model: Can one firm excel at being both a Maroon and a Gray? No. Or in the very best of circumstances, it’s extremely hard to do and it’s...
by Bruce | April 22, 2019 | Articles, Client Relationships, Cultural Considerations, Innovative Managing Partners, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. The reason we’ve never written about gender diversity before is that there was frankly not much to say; regurgitating dispiriting statistics without offering credible remedy is not what we do. But...