by Bruce | July 27, 2017 | Articles, Cultural Considerations, Leadership, Partnership Structures, Question of the Month
This column is by Janet Stanton, Partner, Adam Smith, Esq. The second Question of the Month was: “Does the partnership form remain the optimal structure for law firms?” This resulted from our musing a couple of years ago, “Would any corporation reorganize...
by Bruce | July 24, 2017 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Strategy
This article is by Janet Stanton, Partner, Adam Smith, Esq.: “Non-lawyers.” This is the prevailing term for business professionals employed at law firms. Really? Let’s just start with the fact that it’s insulting to be defined by what you are not. (Thought experiment:...
by Bruce | July 7, 2017 | Articles, Cultural Considerations, Ineffable, Leadership
Unknown to me was that Chief Justice John Roberts’ son has been attending, and just graduated (9th grade) from Cardigan Mountain School in New Hampshire. Dad delivered the commencement address. An excerpt: Now the commencement speakers will typically also wish...
by Bruce | June 29, 2017 | Articles, Cultural Considerations, Leadership, Partnership Structures, Strategy
Coming to the fore more prominently these days across a large portion of firms we work with and the industry overall is the issue of succession planning. It comes up in one or both of two contexts, (a) transitioning key client relationships from incumbent partners to...
by Bruce | June 9, 2017 | Articles, Business Models, Cultural Considerations, Strategy
Much chatter lately has been devoted to, “Whither Uber?” Is its famous unicorn valuation justified and defensible? If it can’t, or shouldn’t, continue to give its middle finger to regulatory authorities on every major continent, will its growth...
by Bruce | May 25, 2017 | Articles, Business Models, Cultural Considerations, Globalization, Leadership, Strategy
Returning from nearly a full week in Prague–delivering the keynote at the second annual 2017 Innovation Legal Services Forum and meeting with firms there–a few reflections. A very few cities in the world are truly global centers: You can count them on the...