by Bruce | February 1, 2021 | Articles, Build Back Better, Business Models, Compensation, Cultural Considerations, Finance, Innovative Managing Partners, Leadership, M&A, Strategy
When we ended Part 2 of this series, we had discussed the data showing (1) that the conventional wisdom about the AmLaw firms growing relentlessly to the sky was, uh, Fake News (h/t to Jae Um), (2) that the real picture is one of increasing segmentation among law...
by Bruce | January 27, 2021 | Articles, Build Back Better, Business Models, Client Relationships, Finance, Leadership, Strategy
What will differentiate winning firms from “mere” survivors is adaptability. As the Organization for Economic Development wrote in 2019: Resilience centers on the ability not only to resist and recover from adverse shocks, but also to “bounce back” stronger than...
by Bruce | December 17, 2020 | Articles, Branding, Build Back Better, Business Models, Cultural Considerations, Finance, Leadership, NewLaw, Practice Group Management, Strategy
With vaccines no longer a distant deus ex machina but here today in the cargo holds of aircraft at 35,000 feet, on FedEx and UPS trucks nationwide, and soon at a friendly neighborhood pharmacy near you, it’s time to refocus on what the contours of Law Land’s...
by Bruce | October 29, 2020 | Articles, Build Back Better, Finance, Leadership, Strategy
I come not to bury the office, but to praise it. Kind of. The Covid-19 pandemic has changed human and economic behavior in a myriad of ways, and we can all stipulate that overall we’ve been living through a period that has inflicted tragedy at the human level, wreaked...
by Bruce | October 7, 2020 | Articles, Finance, NewLaw, Strategy
No, there are not “too many” NewLaw companies. But there are undoubtedly a lot. This map of the market, courtesy of Catalyst, is three years old and you know the ecosystem has only gotten bigger since then: We are in the Cambrian Explosion...
by Bruce | October 5, 2020 | Articles, Branding, Build Back Better, Business Models, Finance, Leadership, Practice Group Management, Recruiting, Strategy
For years—decades, really—the legal industry has suffered from a woeful shortage of meaningful, truly informative ratings of law firms.[1] Today we intend to change that. Introducing the Leopard Law Firm Index, powered by Leopard Solutions and in partnership with...