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R&D for law firms: Can we learn from Corporate America?

by Bruce | August 6, 2015 | Articles, Finance, Leadership, Strategy, Technology strategy

Today’s column is by Janet Stanton, Partner, Adam Smith, Esq. It’s a truth universally acknowledged that Law Land resists change like the plague. And, yes, this is pretty widely attributed to the phenom known as the “lawyer personality,” characterized by an...

IBM Watson & Machine Learning

by Bruce | July 12, 2015 | Articles, Leadership, Strategy, Technology strategy

Last week here in New York we had the opportunity to invite a couple of dozen law firms to “An Introduction to IBM Watson” at the brand new $1-billion IBM Watson facility down on Astor Place. This is not going to be a report on that event, except insofar...

Complexity Requires Systems

by Bruce | June 25, 2015 | Articles, Business Models, Finance, Strategy, Technology strategy

Much talk has been devoted lately to whether the growth of in-house law departments will take market share from Big Law, or, posed more in the language of economics, whether in-house lawyers are a reasonable substitute for outside counsel. Confessing that I have not...

Can Big Firms Innovate?

by Bruce | February 25, 2015 | Articles, Cultural Considerations, Finance, Leadership, Strategy, Technology strategy

“Innovation” seems to be on everyone’s lips these days. Among other things, the problems are: Many people, lawyers in particular, are stumped when it comes to describing what “innovation” actually is; Business history proves to a...

“Converge” Conference/NYC

by Bruce | February 23, 2015 | Articles, Just Plain Interesting, Marketing, Technology strategy

If you haven’t yet heard about Above the Law’s “Converge” conference coming up here in NYC on Wednesday, March 18th, you’re about to. It’s a full-day conference at the marvelous University Club (Fifth @ 54th, McKim, Mead and White,...

Watson: Boring or Terrifying?

by Bruce | December 3, 2014 | Articles, Cultural Considerations, Leadership, Technology strategy

Nearly four years have passed since IBM’s Watson beat two human beings at Jeopardy, and not just any two human beings: Ken Jennings, record-holder for longest winning streak (74 appearances) and Brad Rudder, largest single money-winner ($3.25-million). As...
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