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How’s Your Business Continuity Plan?

by Bruce | March 2, 2020 | Articles, Business Models, Finance, Globalization, Leadership, Technology strategy

You do have one, right? In just the past few days, we’ve heard a few firms volunteer that (a) clients are inquiring about their business continuity plans; (b) they’re dusting their plan off; (c.i.) they’re making sure they have one (or [c.ii.]...

Who’s in Charge Here?

by Bruce | February 28, 2020 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, NewLaw, Strategy

Legal Business’s retrospective on the 2010s (“The Vision Thing”)  opens thus: The last decade emerged with the shockwaves of the banking crisis still making themselves felt on the profession. Having just made a series of job cuts in major markets the...

2020: The Year of Law Land Segmentation

by Bruce | January 15, 2020 | Articles, Branding, Business Models, Cultural Considerations, Finance, Leadership, Strategy

This article is co-authored by Bruce MacEwen, President, Janet Stanton, Partner and Antonio Leal Holguin, Director – Adam Smith, Esq. Lots of folks have their “Year of….” custom, often retrospectively, but here at Adam Smith, Esq., we’re more...

Letter from Lima

by Bruce | September 13, 2019 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Latin America

The following column is by Antonio Leal Holguin, Director of Latin America for Adam Smith, Esq. I recently spent three days in Lima.  A metropolis of close to 10 million people, Peru’s capital is one of Latin America’s most vibrant cities and a famous culinary...

What is the Purpose of Your Firm?

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...

Do Laterals Create or Destroy Value?

by Bruce | June 27, 2019 | Articles, Finance, Leadership, M&A, Partnership Structures, Recruiting, Strategy

Ask almost any Managing Partner or office leader this question and odds are about 98% that the answer you’ll get is, “It depends.” Indeed. We wish there were reliable, consistent, industry-wide data on laterals’ success ratios, but we’ve...
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