by Bruce | November 6, 2011 | Articles, Finance, Globalization, Leadership
We’re in a global economic mess of the first order, and nobody seems to know what to do about it. Reluctantly I have come to that conclusion after a spasm of reading about the Eurozone crisis, how the aftermath of financial recessions (as opposed to Econ 101...
by Bruce | October 29, 2011 | Articles, Compensation, Finance, Leadership, Partnership Structures, Strategy
This morning brought the release of Hildebrandt’s quarterly “Peer Monitor” index for 3Q2011, showing a drop of 6 points to 56 (anything below 65 is deemed a negative operating environment). In a nutshell, the problem was that demand...
by Bruce | October 17, 2011 | Articles, Finance, Globalization, Marketing, Partnership Structures, Practice Group Management, Strategy
Adam Smith, Esq. and David Freeman Consulting Group are teaming up to conduct a unique survey of the legal profession’s business practices that you might find extremely valuable. If you’re reading Adam Smith, Esq., we don’t need to tell you that law...
by Bruce | October 11, 2011 | Articles, Compensation, Finance, Law Schools, Leadership, Recruiting, Strategy
Here are two things we know: First, the rise of the Legal Process Outsourcers–and other nontraditional ways of accomplishing legal work–has not only arrived for keeps, but is accelerating. Consider that all of the conceivable possibilities for...
by Bruce | September 30, 2011 | Articles, Finance, Globalization
Enough with the bad news. Let’s turn to the US. (No, this is not the introduction to a stand-up comedy routine.) US Trust publishes a regular Investment Advisory Overview, and in the current issue (August 2011), after the obligatory macroeconomic analysis, they...
by Bruce | September 28, 2011 | Articles, Finance, Globalization
Third and last (at least for now) in our series on the crisis in the Eurozone. Our question for the day is simple: Who believes the Eurozone can survive as currently constituted? As usual, Martin Wolf of the FT has some lucid observations. He starts by...
