by Bruce | March 7, 2021 | Articles, Business Models, Cultural Considerations, Ineffable, Leadership, Partnership Structures, Strategy
THERE was never any thing by the wit of man so well devised, or so surely established, which (in continuance of time) hath not been corrupted: as (emong other thinges) it may plainly appere by the common prayers in the Churche, commonlye called divine service. —The...
by Bruce | February 10, 2021 | Articles, Build Back Better, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Practice Group Management, Recruiting, Strategy
The following column is by Janet Stanton, Partner, Adam Smith, Esq. One of the most vexing issues for law firms is that of under-performing lawyers. And, let’s be clear from the get-go, we’re talking about chronic underperformance; not someone having, say, one bad...
by Bruce | August 13, 2020 | Articles, Build Back Better, Finance, Leadership, Partnership Structures, Strategy, Technology strategy
If one is looking for an image to encapsulate the Covid-19 “Slingshot” phenomenon, you will find an embarrassment of riches. But this has to be one of our favorites. In 8 weeks–a heartbeat in a human lifetime–the penetration of online retail...
by Bruce | December 13, 2019 | Articles, Business Models, Cultural Considerations, Leadership, Partnership Structures, Practice Group Management, Strategy
Not to name names, but does it strike you as it does me that we’re in the midst of a global surfeit of senior leaders behaving badly? Almost every domain of human endeavor seems tarnished, or worse, by malfeasance, broken trust, power abused, or even...
by Bruce | August 26, 2019 | Articles, Business Models, Client Relationships, Compensation, Cultural Considerations, Finance, Leadership, Partnership Structures, Strategy
Has our first (and really only) answer to the question, “What is a corporation’s purpose?” been wrong for the last, oh, 40 or 50 years? The answer, pace Milton Friedman [see note at end], has of course been “shareholder value!” And now...