by Bruce | October 28, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Leadership, Marketing, Strategy, Technology strategy
If you’ve traveled this far in this series, you may be wondering what I think you actually ought to do. Recognizing that diagnosis is eaiser than prescription, the remaininig installments—starting with this one—will try to address that. One other caveat: Not all...
by Bruce | October 21, 2012 | Articles, Business Models, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Partnership Structures, Practice Group Management, Strategy
At the end of our last piece, I asked aloud whether we as lawyers are intellectually and emotionally capable of adapting to the new market landscape, suggested that adapting would require experimentation and—yes—failure, and noted that countries and industries that...
by Bruce | October 14, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
At the end of the last segment in series, I opined that our industry needed to respond in creative and imaginative ways to the new market landscape, and that it would take "unswerving resolve" to do so effectively and successfuly. But I also warned...
by Bruce | October 8, 2012 | Articles, Business Models, Globalization, Leadership, Profiles of Individuals, Strategy
Last week I had the chance to sit down with Jim Rishwain, the Chair of Pillsbury, in their New York office just off Times Square. He’s been chair since May 1, 2006, following the high-profile Mary Cranston, and when he assumed the role six years ago it had not...
by Bruce | October 2, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
Now well on our way into the Growth is Dead series, it’s only fair to offer up what we hope are some constructive ideas on how to deal with this phenomenon going forward. But first, a quick recap of some of the things we’ve touched upon: From more or less...
by Bruce | September 20, 2012 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
For some time, I’ve been struggling with how to characterize in pithy short-hand what our industry has been experiencing since almost four years ago to the day when Lehman Bros. collapsed. How about Economy I and Economy II? I steal the phrase from the...