by Bruce | August 30, 2013 | Articles, Business Models, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting
Sometimes large changes break across the landscape like summer afternoon thunderstorms, seemingly coming from nowhere and definitely getting everyone’s attention: And sometimes they steadily and stealthily accumulate over time, perhaps without anyone ever...
by Bruce | July 8, 2013 | Articles, Compensation, Cultural Considerations, Leadership, Partnership Structures, Profiles of Individuals
Herewith the next installment in our series of articles on the always charged issue of compensation, from Richard Rapp. Enjoy! Bruce Like the heads of most law firms, I had no training in management when I became president of a professional service partnership...
by Bruce | June 13, 2013 | Articles, Business Models, Leadership, Partnership Structures, Practice Group Management, Strategy
Boutiques are next up in our law firm taxonomy, and first a word about what I mean when I say “Boutiques,” because I may be using it a bit differently than you might assume in common parlance. In my nomenclature for purposes of this taxonomy, boutiques are...
by Bruce | June 7, 2013 | Articles, Compensation, Leadership, Partnership Structures, Practice Group Management
Herewith our next in the series by Richard Rapp on partner compensation. As always, your thoughts, observations, and comments are most welcome. If you want to email Richard directly, please do so—Bruce Economists are interested in “externalities”...
by Bruce | June 4, 2013 | Articles, Business Models, Leadership, Partnership Structures, Strategy
Our third installment in the “Law Firm Taxonomy” series addresses corporate-centric firms. With malice towards none and candor towards all, I must confess that I find this species the most problematic of all seven in our taxonomy. I’ll explain why in...
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...
