by Bruce | February 25, 2015 | Articles, Cultural Considerations, Finance, Leadership, Strategy, Technology strategy
“Innovation” seems to be on everyone’s lips these days. Among other things, the problems are: Many people, lawyers in particular, are stumped when it comes to describing what “innovation” actually is; Business history proves to a...
by Bruce | January 26, 2015 | Articles, Finance, Globalization, Leadership, Strategy
Across my desk last week came US Trust’s 2015 Investment Strategy Overview, a 40-page publication laying out their view of the year ahead for investors, including their highlights and overall perspective as well as a global macro overview, their views on...
by Bruce | January 12, 2015 | Articles, Finance, Practice Group Management
Regular readers know that some of the “evergreen” topics here on Adam Smith, Esq. include: The theme that profits matter more than revenue—but that remarkably few partners think in those terms; The inevitable invasion of Law Land by Big Data in all its...
by Bruce | December 23, 2014 | Articles, Compensation, Cultural Considerations, Finance, Leadership, Practice Group Management, Recruiting
Russell Long (1918—2003) was a US Senator from Louisiana for nearly 40 years (1948—1987) and chairman of the Senate Finance Committee for nearly half that period. As such, he was an expert on the US tax code and, legend has it, observed that the realities of politics...
by Bruce | December 12, 2014 | Articles, Business Models, Compensation, Cultural Considerations, Finance, Leadership, Recruiting, Strategy
From the Kirkland & Ellis site, under the topic Careers–>Laterals Overview (I quote in full, emphasis supplied): At Kirkland, the quality and experience of our lawyers are among our greatest strengths. We are committed to making a substantial investment...
by Bruce | November 12, 2014 | Articles, Business Models, Finance, Globalization, Strategy
A few weeks ago, an editor at the Oxford University Press site, “Academic Insights for the Thinking World,” was kind enough to write me and ask if I might care to submit an essay for their site. Yes, I’d be delighted, was my response; what about?...