by Bruce | April 19, 2022 | Articles, Finance, Globalization, Leadership, M&A, Practice Group Management, Strategy
Of late we’ve gotten a number of queries from reporters asking us if we think the M&A/private equity investment tsunami of the last year and a half or more has peaked. A wise friend once advised that volunteering forecasts could be performed safely so long...
by Bruce | October 22, 2021 | Articles, Branding, Business Models, Client Relationships, Cultural Considerations, Leadership, Marketing, Practice Group Management, Strategic Client Management, Strategy
We’ve had our corporate checking account with Bank of America for over 15 years. This is the story of why it’s no longer there. A few weeks backI got a letter in the mail from BofA and luckily did not toss it aside unopened as very-likely-spam. It...
by Bruce | August 4, 2021 | Articles, Build Back Better, Cultural Considerations, Leadership, Practice Group Management, Question of the Month
It’s been awhile since we’ve offered you all up a “Question of the Month,” but we never promised our readers consistency. We hope you have come to appreciate variety, however, so in that spirit, you know what to do: I anticipate that our...
by Bruce | July 6, 2021 | Articles, Build Back Better, Business Models, Finance, Partnership Structures, Practice Group Management, Strategy, Technology strategy
We’ve written at fair length about our “maroons/grays” model for segmenting the law firm industry. Essentially, the model rejects customary or traditional dimensions of “compare and contrast” including: Size (revenue or headcount) Type of firm (litigation boutique,...
by Bruce | June 8, 2021 | Articles, Build Back Better, Finance, Leadership, Practice Group Management, Recruiting, Strategy
If we’ve heard that once over the last couple of months….. It’s getting to the point where we wonder if those words threaten to become the lyrics of the Great Summer of 2021 Breakout Pop Hit Single. Actually, we leave that to the Great Clive Davis...
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...
