by Bruce | October 16, 2014 | Articles, Client Relationships, Compensation, Cultural Considerations, Leadership, Practice Group Management, Strategy
The other day we were in a meeting with the head of strategy and marketing and the Chair of an AmLaw 100, and the Chair mentioned an extremely promising introductory meeting he’d had a few days earlier with the General Counsel of a well-recognized company....
by Bruce | September 30, 2014 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
Gentle Reader: Apologies for not having published more frequently over the past couple of weeks but business has taken us to Paris, the south of France, London, Portland, and Seattle–with 48 hours in New York inbetween the European and the Pacific Northwest...
by Bruce | August 21, 2014 | Articles, Compensation, Cultural Considerations, Leadership, Strategy
A couple of weeks ago, I wrote about leadership—something of a first here at Adam Smith, Esq., at least calling it out explicitly by that name—and the topic deserves revisiting and elaboration. My article took off from an HBR piece, Why You Lead Determines How Well...
by Bruce | August 14, 2014 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
A famous former (and now late) leader of the US House of Representatives, the classic Boston pol Tip O’Neill, supposedly remarked that “all politics is local.” To that I would add MacEwen’s corollary, that “all rivalries are...
by Bruce | February 14, 2014 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting, Strategy
When a large number of smart, accomplished, ambitious people seem to be behaving in a way that makes no rational sense, there has to be an irrational explanation. I’ve written and spoken before about my overall attitude towards aggressive lateral partner...
by Bruce | February 6, 2014 | Articles, Compensation, Finance, Globalization, Strategy
The first installment in this series presented the background and basic ramifications of the proposal now pending in Congress to require law firms and other professional service firms with annual revenue over $10-million to adopt the accrual accounting basis and not...
