by Bruce | July 10, 2011 | Articles, Cultural Considerations, Leadership, Partnership Structures, Recruiting, Strategy
In “Idea or Product?” I wrote about the difference between organizations that basically view themselves as creating products vs. organizations that see themselves as loyal to an idea. I’m happy to report that the piece generated more than its share...
by Bruce | June 24, 2011 | Articles, Leadership, Strategy
June 16 was the 100th anniversary of the founding of the Computing-Tabulating-Recording Company, known today as IBM. It’s worth a moment’s reflection on what traits distinguish a company that can survive for a century in an industry, technology, with...
by Bruce | June 19, 2011 | Articles, Business Models, Cultural Considerations, Finance, Leadership, Practice Group Management, Strategy
Legion are the topics lawyers don’t talk about, and they could perhaps be accurately summarized as “anything we’d prefer not to talk about,” but primary among them is the strength or weakness of their own firms’ business models. So...
by Bruce | May 31, 2011 | Articles, Business Models, Innovative Managing Partners, Leadership, Recruiting, Strategy
Last week I wrote about innovation and how the early adopters can gain sustainable competitive advantage. This week is something of a follow-on, albeit one motivated more by recent personal events than frankly by brilliant editorial planning in advance. The variation...
by Bruce | May 23, 2011 | Articles, Cultural Considerations, Leadership, Practice Group Management, Strategy
Jim Surowiecki, writing his regular column in The New Yorker, “The Financial Page,” wrote last week about innovation and why it seems to take hold in the US before it does elsewhere. Jim is a good read almost any week, but this is a column demanding...
by Bruce | May 18, 2011 | Articles, Business Models, Leadership, Partnership Structures, Strategy
Alex Novarese, Editor in Chief of LegalWeek, has a smart column this week called “Rugged Individualism–a year of firm-specific achievement in the US.” Here are the highlights: Average revenue growth of the AmLaw 100 for 2010, as we’ve seen...