by Bruce | May 21, 2013 | Articles, Branding, Business Models, Finance, Globalization, Leadership, Partnership Structures, Practice Group Management, Strategy
We humans like to put things in categories. And while we can get it plain wrong, or mix up two categories benignly or malignly, there’s no question our propensity for categorization—from friend or foe and food to poison, to Linnaeus, to the periodic table, to...
by Bruce | May 18, 2013 | Articles, Compensation, Leadership, Partnership Structures, Practice Group Management, Strategy
Herewith the second article by Richard Rapp. Thanks, Richard!—Bruce. Law firm managers who are planning large-scale, hubristic expansion-by-acquisition should study the Dewey LeBoeuf morality play very closely. The rest of us should not. It’s a...
by Bruce | April 30, 2013 | About the Site, Articles, Compensation, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
It is with great personal and professional pleasure that we announce Richard Rapp is joining Adam Smith, Esq. as Senior Advisor. Those of you who have learned even a little about the consulting side of Adam Smith, Esq. know that we have remained small by choice,...
by Bruce | April 11, 2013 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Strategy
A few weeks ago I ran a column about “ReInvent Law,” an event in Silicon Valley in the first half of March, which presented some views about possible futures of BigLaw, most of which were, uh, challenging to those who think business as usual is a strategy....
by Bruce | March 27, 2013 | Articles, Compensation, Leadership, Recruiting, Strategy
I suspected as much all along. I’m referring to the recent admirably data-intensive study of lateral partner movement in London compiled and written by Mark Brandon of Motive Legal and published in The Lawyer a few days ago. This is must reading for anyone...
by Bruce | February 28, 2013 | Articles, Cultural Considerations, Finance, Globalization, Leadership, Strategy
OK, so the film rights to the book have not yet been auctioned, but in the meantime here’s my interview with the intrepid Lee Pacchia of Bloomberg Law. From Lee’s introduction: The era of ever-expanding revenues and profits for the nation’s largest...