by Bruce | February 1, 2021 | Articles, Build Back Better, Business Models, Compensation, Cultural Considerations, Finance, Innovative Managing Partners, Leadership, M&A, Strategy
When we ended Part 2 of this series, we had discussed the data showing (1) that the conventional wisdom about the AmLaw firms growing relentlessly to the sky was, uh, Fake News (h/t to Jae Um), (2) that the real picture is one of increasing segmentation among law...
by Bruce | January 27, 2021 | Articles, Build Back Better, Business Models, Client Relationships, Finance, Leadership, Strategy
What will differentiate winning firms from “mere” survivors is adaptability. As the Organization for Economic Development wrote in 2019: Resilience centers on the ability not only to resist and recover from adverse shocks, but also to “bounce back” stronger than...
by Bruce | December 17, 2020 | Articles, Branding, Build Back Better, Business Models, Cultural Considerations, Finance, Leadership, NewLaw, Practice Group Management, Strategy
With vaccines no longer a distant deus ex machina but here today in the cargo holds of aircraft at 35,000 feet, on FedEx and UPS trucks nationwide, and soon at a friendly neighborhood pharmacy near you, it’s time to refocus on what the contours of Law Land’s...
by Bruce | October 29, 2020 | Articles, Build Back Better, Finance, Leadership, Strategy
I come not to bury the office, but to praise it. Kind of. The Covid-19 pandemic has changed human and economic behavior in a myriad of ways, and we can all stipulate that overall we’ve been living through a period that has inflicted tragedy at the human level, wreaked...
by Bruce | October 25, 2020 | Articles, Business Models, Leadership
The following column is by Janet Stanton, Partner, Adam Smith, Esq. The Leopard Law firm Index was launched earlier this month to great acclaim. Many law firms are asking us what it means to them and how they can use it. These are excellent questions and we’ll...
by Bruce | October 12, 2020 | Articles, Build Back Better, Globalization, Leadership, Strategy
In our “Build Back Better” series discussing how law firms, and the rest of the legal services industry, may [want to] change once humanity emerges from this surreal Coronatide interregnum, we’ve focused on the microeconomics of the industry, if you will: The office...
