by Bruce | July 9, 2021 | Articles, Cultural Considerations, Finance, M&A, Technology strategy
Scorching new data out on the volume of deal-making over the last 12 months or so, from Refinitiv courtesy of The Wall Street Journal (“Cash-laden companies are on an M&A Spree”). Ready for some once-in-a-lifetime-career numbers?: In the first six...
by Bruce | July 6, 2021 | Articles, Build Back Better, Business Models, Finance, Partnership Structures, Practice Group Management, Strategy, Technology strategy
We’ve written at fair length about our “maroons/grays” model for segmenting the law firm industry. Essentially, the model rejects customary or traditional dimensions of “compare and contrast” including: Size (revenue or headcount) Type of firm (litigation boutique,...
by Bruce | March 29, 2021 | Articles, Build Back Better, Business Models, Finance, Leadership, Strategy, Technology strategy
Universally, everyone is hearing that firms plan to make significant cuts in real estate spend starting, well, starting as soon as the next office lease comes up for renewal. How “substantial” might those cuts be? You would think a massive and sophisticated industry...
by Bruce | August 13, 2020 | Articles, Build Back Better, Finance, Leadership, Partnership Structures, Strategy, Technology strategy
If one is looking for an image to encapsulate the Covid-19 “Slingshot” phenomenon, you will find an embarrassment of riches. But this has to be one of our favorites. In 8 weeks–a heartbeat in a human lifetime–the penetration of online retail...
by Bruce | July 26, 2020 | Articles, Build Back Better, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy, Technology strategy
The world is well into the greatest “natural experiment” in WFH ever seen. No one glided into this; it came as abruptly as an on-off switch. I’m sure the experience at Adam Smith, Esq. was fairly typical: One week (spanning the end of February and the start of...
