by Bruce | April 18, 2014 | Articles, Innovative Managing Partners, Leadership, Strategy
“Never before has our future seemed so shrouded in fog and noise,” I’ve written, and discussed its paralytic effects on our decision-making. Comes now academic vindication of just how strong the effect is. But I’ve also dug up, from the same...
by Bruce | November 25, 2013 | Articles, Finance, Globalization, Innovative Managing Partners, Leadership
The other night I was fortunate enough to be invited to attend the FT’s Innovative Lawyers 2013 (US) awards ceremony at the New York Public Library’s main Fifth Avenue and 42nd branch. (The report was published here the next day in the paper, and you can...
by Bruce | September 23, 2013 | Articles, Innovative Managing Partners, Leadership, Recruiting
One of the more unusual reactions I’ve gotten to “Growth Is Dead” came from Kate Fritz, Managing Partner of Fenwick & West, who I had the chance to talk to recently. Several people have taken the book’s title a bit too literally, but Kate...
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 | August 24, 2012 | Articles, Innovative Managing Partners, Leadership, Recruiting
Here’s a first for Adam Smith, Esq.: I’m issuing a challenge to US law firms, and to others throughout the English-speaking legal world. The challenge is to create and sustain, on our side of the pond and elsewhere, an initiative to rival what leading UK...
by Bruce | August 9, 2012 | Articles, Business Models, Finance, Innovative Managing Partners, Leadership, Strategy
LegalWeek has released their annual “UK Top 50” ranking and it paints a rosy picture of strong revenue and profit growth in the teeth of global economic headwinds. Specifically: Total revenue of the Top 50 hit £12.96-billion (US$20.25-billion) This was a...