by Bruce | July 10, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Innovative Managing Partners, Leadership, Partnership Structures, Strategy, Technology strategy
The FT is out with its second annual "Innovative Lawyers" Survey and much has changed since I reported on the original survey a year ago. Primarily, the survey is far more ambitious in scope this year: "The 2006 report covered only UK lawyers...
by Bruce | July 5, 2007 | Articles, Finance, Globalization, Leadership, Partnership Structures, Strategy
The current issue of the ABA Journal (July 2007) has an article recapping the debate on the likelihood and advisability of publicly-traded law firms in the United States. Some of the more notable positions on the topic are: “It’s hard to say anything...
by Bruce | June 28, 2007 | Articles, Compensation, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
Here on "Adam Smith, Esq." I’ve been writing about the possibility of outside investors in law firms—and even IPO’s of firms—starting in December 2004. For the full roster, see that piece, plus: How to Change Everything/December 2004...
by Bruce | June 23, 2007 | Articles, Cultural Considerations, Globalization, Knowledge Management, Leadership, Practice Group Management, Strategy, Technology strategy
Sometimes we take our IT infrastructure for granted—too much so. In the last few weeks I’ve encountered a succession of stories where client relationships were strongly reinforced by astute deployment of IT assets. Call it the intersection of marketing and...
by Bruce | June 21, 2007 | Articles, Cultural Considerations, Globalization, Leadership, Partnership Structures, Strategy
"Strategy" is what you do that’s outward-focused, right?—in the sense that it’s focused on what practice areas you are investing in or retrenching from, what your firm’s geographic footprint is, and how you attempt to distinguish your...
by Bruce | June 20, 2007 | Articles, Book Reviews, Cultural Considerations, Finance, Globalization, Leadership, Partnership Structures, Strategy
If you are fascinated as I am by the congeries of issues lying at the intersection of the "partnership ethos" and "corporate-like management," then you need to be familiar with the work of Dr. Laura Empson, as highlighted in Aric Press’s...
