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The Ballad of Kanye and Kyrie

by Bruce | November 16, 2022 | Articles, Branding, Cultural Considerations, Leadership, Partnership Structures, Recruiting, Strategy

Memory does not recall these pages ever featuring or even mentioning a rap star or a basketball star, but we are confident that our readers have wide-ranging and catholic tastes so we are sailing forth here undaunted.  Plus, there should be a first time for...

Your Comp Plan Motivates All the Right Behaviors (You Sure About That?)

by Bruce | October 4, 2022 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting, Strategy

We’ve worked with a lot of law firms over the years and an evergreen topic of discussion is their partner compensation plan–how it’s structured overall, if it’s aligned to the firm’s strategy, and then all the devilish details to be...

Law Firms Fail in the Oddest Way (All of Them)

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...

Two Nasty Trends About to Collide?

by Bruce | August 21, 2022 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Strategy, Technology strategy

We distributed this column several weeks ago to our “friends and family” opt-in email list (which has a handsome level of subscribers and is free–what’s taking you so long? [sign up at the foot of our homepage]) but herewith on our public site....

“I Was Wrong”

by Bruce | July 28, 2022 | About the Site, Articles, Cultural Considerations, Finance, NewLaw, Partnership Structures, Practice Group Management, Strategy

Recently The New York Times devoted its Sunday “Opinion” section to the theme, “I was wrong,” and several of its leading columnists each penned an essay “I was wrong about….” This set us thinking. And with hardly any...

Supply Chains Aren’t Just for Manufacturers

by Bruce | July 5, 2022 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Practice Group Management, Recruiting, Strategy

Yes, I’m looking at you, law firm leaders.  You, too, have a supply chain.  It’s time to start thinking of it that way. May we take a step back for a moment?  From the redoubtable St. Louis Fed comes a study Supply Chain Disruptions and Inflation During...
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