by Bruce | November 3, 2020 | Articles, Ineffable
by Bruce | March 22, 2020 | About the Site, Articles, Build Back Better, Ineffable, Leadership
Dedicated as we are to analyzing “the economics of law firms” and their brethren, we are all of us in stupefying times. A few thoughts for those of you on the front lines. First Closing your offices, remote working, and diligent adherence to “social...
by Bruce | March 16, 2020 | Articles, Ineffable, Just Plain Interesting, Leadership
At times, and now is emphatically one, when America is challenged we seem to take forever to get up off our haunches and begin the process of trying to wrest back control of the chaos and turn back the threat. Our response is spastic, uncoordinated, at cross...
by Bruce | May 14, 2019 | Articles, Cultural Considerations, Ineffable, Leadership, Partnership Structures
A week or two ago I picked up a copy of David Brooks’ latest, The Second Mountain: The Quest for a Moral Life, and while this is not a book review or anything like it (I confess that I’m just a few chapters into it so far), early on he offers a few...
by Bruce | January 30, 2019 | Articles, Cultural Considerations, Finance, Ineffable, Just Plain Interesting, Leadership, Strategy
My title for today steals literally from Ronald Coase’s legendary 1937 paper of the same name, which gained Coase the Nobel in Economics in 1991. The paper, barely over a dozen pages long, asks the question, childlike in its simplicity, “why do firms...
by Bruce | December 28, 2018 | Articles, Cultural Considerations, Ineffable, Leadership, Partnership Structures
The lawyer personality type scores notoriously high on “autonomy.” Certainly compared to average citizens, but even to average white-collar professionals, lawyers are driven to do their own thing their own way. You see it all day every day if you hang...