by Bruce | September 25, 2005 | Articles, Globalization, Leadership, Marketing, Strategy
Our text this morning is the two-part cover story of this weekend’s Barron’s, on the creation, rise, and dominance of Lexus in the luxury auto market. And I select it not because Lexus ownership surely over-indexes among readers of "Adam Smith,...
by Bruce | August 17, 2005 | Articles, Compensation, Cultural Considerations, Leadership, Marketing, Strategy
Sometimes it doesn’t hurt to be reminded of the obvious. Permit me to remind you: Ours is a talent-driven profession. Professionals—"elevator assets"—are highly mobile. The best people are always in limited supply. Turnover is...
by Bruce | August 10, 2005 | Articles, Finance, Leadership, Marketing, Strategy
My friend Patrick McKenna, of Edge International, sent me a press release announcing the two winners of this year’s "InnovAction Awards," a contest held annually to identify firms that significantly stand out for initiatives in: (a) client service; (b)...
by Bruce | July 28, 2005 | Articles, Leadership, Marketing, Partnership Structures, Strategy
Yesterday Gerry Riskin, of Edge International, invited me to lunch at The Cornell Club while he was passing through town. Suffice to say that if you have a chance to meet Gerry (I had not, previously), and if you’ve ever given a lick of thought to law firm...
by Bruce | July 28, 2005 | Articles, Finance, Marketing, Partnership Structures, Strategy
Among the AmLaw 200, mergers are in the air. Like it or not, this seems to be the reality we are facing: Consolidation. I’ve addressed the "fact" of this trend before (I think it’s safe to say at this point that it’s a...
by Bruce | June 2, 2005 | About the Site, Articles, Compensation, Cultural Considerations, Finance, Globalization, Knowledge Management, Leadership, M&A, Marketing, Partnership Structures, Practice Group Management, Technology strategy
The long-awaited results (speaking for myself, at least) of the famous first-ever "Adam Smith, Esq." Reader Survey are now in, and I hasten to share them with you, dear reader, as audience participation was extremely strong, and gratifying. My...